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House 280 м² in Bar, Montenegro

316 622 $

1 130 $ /м²

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Area

280 м2

Bedrooms

8

House in Bar. The city is Bar

description

Price 270 000 €
Description
In the city of Bar, in the area of Shushan, a large house is sold.
The house is three-storey
It is located on a small plot with lemon and orange trees, vineyard, flowers. It is located 700 meters from the sea. The house has a terrace, encircling the villa, and large balconies, separate for each room.
On the first floor there are two rooms, a bathroom, a living room, a dining room with a kitchen area and an office.
On the second floor there are 4 rooms.All rooms overlook a small room - a common living room, equipped as a small kitchen with a dining area. In the living room there is a kitchen wall with an electric stove, microwave, refrigerator, kettle, necessary dishes.
There are two toilet rooms on the floor. There are 2 apartments on the third floor: (30 m2) (70 m2).
Each floor and each apartment has a separate entrance from the street and a huge terrace with sea views.
In front of the house there is a recreation area with a garden: pomegranates, oranges, persimmon, tangerine, grapes and flowers.
The house is popular among tourists from various countries and has its regular customers. Very good offer for business Characteristics of the object
280 m2 total
427 m2 plot
264 m2 residential
7 bedrooms
3 floors
Information about the object
Household appliances
View of the city
View of the mountains
View of the sea
Internet
Conditioner
Furniture
Parque
Parque
Terrace

Additional details

Property type

Residential Properties

Number of rooms

8

Object type

House

Price

316 622 $

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 (316 622 $) 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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