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Hotel 343 м² in Bar, Montenegro

379 213 $

1 105 $ /м²

4Odx8
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Area

343 м2

Bedrooms

6

Hotel, accommodation in Catalonia. City - Barcelona

Three-story house with apartments in Shushani, Bar. The living area of the house is 282 m2, and the total area is 343 m2. The land area is 208 m2. The structure of the house is as follows: On the first floor, there is a kitchen combined with a living room + fireplace, a storage room, a bathroom, and 2 bedrooms with access to the terrace, equipped with a heated floor system. On the second floor, there are 3 studio-type apartments, each with a mini-kitchen, bathroom, and separate terrace. The third floor features a large apartment with a bedroom, a spacious terrace, and a barbecue area. From the third floor, there is a beautiful view of the mountains, the city, and the sea. Parking is available for 3 cars. The house also has a utility room with a water tank and a water pump station (hydrophore). There is also a small utility room on the second-floor staircase. The house needs cosmetic repairs. A large ancient olive tree grows on the property.

Additional details

Property type

Commercial

Number of rooms

6

Object type

Hotel

Price

379 213 $

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 (379 213 $) 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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