Building 1 м² in Bar, Montenegro

118 504 $

118 504 $ /м²

4OcsL

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #1

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #2

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #3

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #4

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #5

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #6

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #7

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #8

Building 1m² in Montenegro, Bar. Priced at 100000€ rent photo- #9

Area

1 м²

Two storey commercial space in the center

Two-storey commercial premises in the center of Bar.

The area of the premises is 32 m2.

Two separate entrances.

On the second floor there is a bathroom, water - it can be converted into a studio apartment.

The premises are equipped with air conditioners.

Entrance from the main street.

Location with excellent traffic.

Services and facilities

Air conditioner

Additional details

Property type

Commercial

Object type

Building

Price

118 504 $

Characteristics

Air conditioner

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 (118 504 $) 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).