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Flat 55 м² in Bar, Montenegro

130 261 $

2 368 $ /м²

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Area

55 м2

Bedrooms

1

Apartment in Catalonia. City - Barcelona

Description

A great opportunity to live by the sea in the heart of Bar!

We present to your attention a cozy apartment of 55 m2 on the fifth floor of a modern building with an elevator.
For your convenience, there is free parking right at the entrance.
Fully furnished and technically equipped housing awaits you: an entrance hall, a spacious living room with a dining room, a functional kitchen, a bedroom, a bathroom and a glazed terrace with panoramic views of the city.
Just 350 meters from your home there is a picturesque embankment and a gentle sea.
Do you like an active lifestyle? Everything is nearby: a school, a sports center, a playground, parks, a tennis court and a football field.
The conveniences of city life are within walking distance: cafes, supermarkets, pharmacies and even a clinic.
The apartment is ideal for both year-round living and investment in a rental business.

Don't miss the chance to become the owner of this unique property. Your ideal home by the sea is waiting for you!

Profitability calculation

Income:

1. Daily rental during the season: 60 euros * 100 days = 6,000 euros

2. Rent out of season: 450 euros * 7 months = 3,150 euros
Total income for the year: 6,000 euros + 3,150 euros = 9,150 euros

Expenses:

1. Advertising (only in season): 15% of 6,000 euros = 900 euros

2. Annual tax: 350 евро
Общие расходы.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

5

Object type

Flat

Price

130 261 $

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 (130 261 $) 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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