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House 96 м² in Bar, Montenegro

251 370 $

2 618 $ /м²

4Oj1M
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Area

96 м2

Bedrooms

5

House in Bar. City - Bar

description

Sale of legal house in Bar, Shushan district


For sale a cozy, fully legal house in a quiet and green area of Shushan, just 950 km from the sea. In the house, 3 apartments are furnished and ready to live, 2 apartments in a utility room and an attic in the process of repair. At the moment, two apartments are already occupied by tenants, which makes the property attractive as an investment.


Characteristics of the object
• Base area: 96 m2
• House area: 80 m2
• Floor: landing + ground floor + undercover (attic - in the process of repair)
• Area of the site: 381 m2
Backroom: 23 m2 (in the process of repair)
• Status: the house is legal, one owner, documents are ready for sale


House planning


Sit down
• Separate apartment


First floor
• two separate apartments, each includes:
* kitchen with living room
* bedroom
* bathroom


Coverage (attic)
• in the process of repair, perhaps the device of additional residential level or apartment


Advantages


The house is almost fully furnished - you can stop at once
• Excellent option for investment: 5 apartments
• Calm area, private atmosphere
To the sea about 1.5 km
Plot 381 m2 - on the site a place for parking, garden, recreation area
Legal documents, quick access to the deal

Additional details

Property type

Residential Properties

Number of rooms

5

Object type

House

Price

251 370 $

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 (251 370 $) 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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