Area
80 м2
Bedrooms
3
Apartment in Bar. City - Bar
description
Apartment with 3 bedrooms not far from the city center in Bar.
2nd floor
Area - 80 m2
The apartment consists of a corridor, living room, kitchen, 3 bedrooms, bathroom and terrace.
View from the windows and terrace of the city and mountains.
The apartment is sold fully furnished and equipped with the necessary appliances.
Parking next to the house.
Distance to the beach - 15 minutes walk (1 km.)
All necessary infrastructure is within walking distance - shops, pharmacies, bakeries, cafes, schools, kindergartens, playgrounds, etc.
A quiet place to live 5 minutes from the city center.
An excellent offer for both permanent residence and rental property.
Additional details
Property type
Residential Properties
Number of rooms
3
Floor
2
Object type
Flat
Price
207 344 $
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 (207 344 $) 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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Liliya
International Real Estate Consultant