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Flat 237 м² in Bar, Montenegro

824 471 $

3 478 $ /м²

4Offz
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Area

237 м2

Bedrooms

3

Apartment in Bar. City - Bar

Spacious luxury penthouse with panoramic sea views in a modern complex in Bar. 8th floor (3 elevators). Apartment area - 237 m2. The apartment consists of a corridor, a spacious living room, a kitchen, three bedrooms, four bathrooms (one of which has a large window), a wardrobe, and two large terraces. On the front terrace, there is a connection for a jacuzzi. Stunning panoramic views of the sea, mountains, and city (southwest). The apartment is being sold for final finishing; all necessary communications have been carried out. Arcelik Group multi-split system. The complex has a Smart Home system installed, which will help you remotely control your apartment - control the temperature in the room, manage electricity - turn on/off water heaters and electrical appliances. Reception 24/7. Video surveillance. Possibility of purchasing a parking space in an underground garage. Large parking next to the house. The complex is located in a modern respectable area of Bar. Distance to the beach - 300 meters. The distance to the city center is 350 meters. All necessary infrastructure is within walking distance - shops, cafes, restaurants, schools, kindergartens, pharmacies, etc. On the territory of the complex, there is a park with a playground and a management company. The apartment is sold in a rough finish, and the new owner has the opportunity to make repairs and equip it according to their taste and wishes. Price - 700,000 euros.

Additional details

Property type

Residential Properties

Number of rooms

3

Floor

8

Object type

Flat

Price

824 471 $

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 (824 471 $) 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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