Building 1 м² in Bar, Montenegro

694 352 $

694 352 $ /м²

4Ocis

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #1

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #2

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #3

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #4

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #5

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #6

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #7

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #8

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #9

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #10

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #11

Building 1m² in Montenegro, Bar. Priced at 599000€ rent photo- #12

Area

1 м²

Plot for sale in Bar

Plot for sale is located 5 minutes from downtown Bar, in the green foothills, at an altitude of 100 meters above sea level. The plot has a cascade structure, whereby all villas and townhouses have a view of the sea and mountains. Size of the plot is 8700m2, build-up area 4000m2.

The fully developed project, which envisages construction of 12 private villas, two of them with swimming pools and two two-story townhouses, two common pools, parking, room for hour security with video surveillance.

Services and facilities

Pool

Additional details

Property type

Commercial

Object type

Building

Price

694 352 $

Characteristics

Pool

Distance to key points, m

To sea 3000

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 (694 352 $) 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).