Flat 50 м² in Bar, Montenegro

195 684 $

3 913 $ /м²

4Odxd

Flat 50m² in Montenegro, Bar. Priced at 172000€ rent photo- #1

Flat 50m² in Montenegro, Bar. Priced at 172000€ rent photo- #2

Flat 50m² in Montenegro, Bar. Priced at 172000€ rent photo- #3

Flat 50m² in Montenegro, Bar. Priced at 172000€ rent photo- #4

Area

50 м²

Bedrooms

Apartment in Catalonia. City - Barcelona

1-bedroom apartment on the first coastline in Bar in a premium building. 2nd floor. Apartment area - 51 m2. The apartment consists of a living room with kitchen, bedroom, bathroom, and terrace. Beautiful direct view of the sea. The distance to the beach is only 50 meters! Restaurants, cafes, shops, a school, and a kindergarten are within walking distance. Only high-quality materials were used in the construction and decoration of the house. The price of a place in the underground garage is 20,000 euros. Completion of the object - June 2024.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

195 684 $

Characteristics

Sea View

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 (195 684 $) 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).