Property Abroad

Montenegro

Bar

Flat

Flat 121 м² in Bar, Montenegro

365 645 $

3 021 $ /м²

4Ofcz

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #1

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #2

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #3

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #4

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #5

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #6

Flat 121m² in Montenegro, Bar. Priced at 308550€ rent photo- #7

Area

121 м²

Bedrooms

Apartment in Bar. City - Bar

Apartments with three bedrooms in an apartment building in Bar on the sixth floor.

Square - 120.6 sq.m.

Price: 277380 euros

Apartment building in Bar, Topolica district. The distance to the city center is 700 meters, to the sea is 500 meters.

The object consists of 75 apartments with an area of 25 sq.m. to 120 sq.m.

High quality of materials and components :

- parquet;

- aluminum frames;

-double-glazed windows;

-heat floorsites;

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Day of delivery : September 2024.

It is possible to buy an underground garage and storage room. The underground garage has 49 seats. It is also possible to purchase an open parking space.

The price of space in an underground garage is 8,500 euros.

The price of a pantry is 4000 euros.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

365 645 $

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 (365 645 $) 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).