Property Abroad

Montenegro

Bar

Land

Land 1 м² in Bar, Montenegro

799 904 $

799 904 $ /м²

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Land 1m² in Montenegro, Bar. Priced at 675000€ rent photo- #1

Land 1m² in Montenegro, Bar. Priced at 675000€ rent photo- #2

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Land 1m² in Montenegro, Bar. Priced at 675000€ rent photo- #39

Area

1 м²

Plot of land for sale in Bar.

Just 3 km away from the city of Bar is a spacious plot of land of 6,573 m². It is a unique place where you can create a cottage village, a boutique hotel or an ethno-village surrounded by centuries-old oaks and Mediterranean nature.Among the greenery, clean air and panoramic views of the sea you can build cozy houses that will be an ideal place for living and relaxing. Silence, peace and proximity to the city make this plot a favorable investment decision.An additional advantage - on the balance of the community there is already a paid contribution of 80,000 euros, which can be used to pay for communications to the new owner. This is a significant saving on infrastructure and an opportunity to realize the project faster.Ideal for:Cottage village with sea viewsBoutique hotel or ethno-village in traditional styleA villa for a secluded vacationInvestment project with high profitabilityMain advantages of the plot:Spacious area - 6,573 m²Picturesque location between the sea and the mountainsPaid fee of 80,000 € - saving on utilitiesProximity to Bar - only 3 km to the city centerHigh investment potential

Additional details

Property type

Land

Object type

Land

Price

799 904 $

Land area

6573

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 (799 904 $) 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).