Area
44 м2
Bedrooms
1
Apartment in Bar. City - Bar
Described
One-bedroom apartment 44m2 at the completion stage in the city of Bar Cheluga district.
Construction of the house is scheduled to be completed in May 2024.
House with pool
Apartment structure: corridor, living room with kitchen and access to the terrace, bedroom, bathroom.
Middle floor, south windows
The house has an elevator
2000 meters to the sea
The grocery store is 150 meters from the hotel
500 meters to the school
The bedroom and kitchen windows offer a beautiful view of the mountains.
Additional details
Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
106 432 $
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 (106 432 $) 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).
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