Flat 50 м² in Bar, Montenegro

200 024 $

4 000 $ /м²

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Flat 50m² in Montenegro, Bar. Priced at 175000€ rent photo- #1

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Area

50 м²

Bedrooms

Apartment in Bar. City - Bar

Cozy 1-bedroom apartment with a sea view not far from the beach (building built in 2021). 5th floor (elevator) The area of the apartment is 50 m2 + a parking space in the underground garage of 13 m2 + two storage rooms of 3 m2 each. The apartment consists of a corridor, a living room combined with a kitchen, a bedroom, a bathroom, and a terrace. The price also includes a parking space in the underground garage of 13 m2, and two storage rooms of 3 m2 each. The apartment is sold fully equipped with new furniture and appliances. Wonderful view of the sea and mountains. The distance to the beach is no more than 10 minutes on foot. All necessary infrastructure is within walking distance - shops, bakery, cafes, restaurants, school, etc. The apartment is very cozy and bright, perfect for both permanent residence and recreation.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

200 024 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bar; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Bar short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (200 024 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Bar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).