Property Abroad

Montenegro

Bar

Flat

Flat 105 м² in Bar, Montenegro

242 933 $

2 313 $ /м²

4OdvH

Flat 105m² in Montenegro, Bar. Priced at 205000€ rent photo- #1

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Area

105 м²

Bedrooms

Apartment in Catalonia. City - Barcelona

An apartment in the city of Bar, with a total area of 105m2, located on the second floor of a multi-apartment building. The apartment has been renovated, all windows and doors have been replaced, and the electrical wiring has been updated. There is video surveillance, the bathrooms have been completed, and new plumbing has been installed. In 2020, thermal insulation was done on the facade of the building. The layout includes: a corridor, a kitchen-dining room, a living room with access to the terrace, 3 bedrooms, and 2 bathrooms. There is a storage room of 7m2. The distance to the sea is 800 meters, to the city center is 300 meters, and to the grocery market is 250 meters.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

242 933 $

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 (242 933 $) 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).