Land 1 м² in Bar, Montenegro

312 536 $

312 536 $ /м²

4OctI

Land 1m² in Montenegro, Bar. Priced at 279400€ rent photo- #1

Land 1m² in Montenegro, Bar. Priced at 279400€ rent photo- #2

Land 1m² in Montenegro, Bar. Priced at 279400€ rent photo- #3

Area

1 м²

Flat urbanized plot for construction in Polje area

Flat urbanized plot for construction in the nearest suburb of Bar-Polje.

Plot area 1746 m2

Good asphalt road to the plot.

Water and electricity on the plot.

To the center of Bar 3 km.

To the sea and the beach 3.5 km

On the plot there is an old building 17 m2

Permitted construction of a 4-storey building (P+3) with a total area of 3.492 m2, in the base 617 m2

Additional details

Property type

Land

Object type

Land

Price

312 536 $

Land area

1764

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 (312 536 $) 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).