AI Summary

A commercial property with an area of 200 sq. m in the very heart of Bar — an ideal investment for your business in a prestigious location. The spacious premises with an impressive facade offer excellent visibility and high foot traffic, ensuring success for any commercial project.

SaleHotels#1787

Aparthotel in the Old Town of Bar No. 1787

Bar · Bar Riviera, Bar, Bar Municipality, 85354, Montenegro
440 000 €

Details

Area
200 м²
Price per m²
2 200 €

Description

An aparthotel with commercial premises is offered for sale and rent in a unique and historic location in the old part of the city of Bar. The property is directly adjacent to the city fortress and is located on a street with heavy tourist traffic. The old city of Bar is one of Montenegro’s landmarks and attracts a huge number of tourists every year.

A fully renovated building with an area of 200 m2 consists of a ground floor with a commercial space that can, if necessary, be divided into two parts, each with a bathroom. On the second floor there are three fully furnished apartments, and on the attic floor there are two studios.

All apartments and premises have undergone a complete renovation with new parquet floors and bathrooms with new sanitary ware. The apartments are furnished, air conditioners are installed, and there is new kitchen furniture.

The building has a small reception desk for guests.

This aparthotel is an excellent investment opportunity. Long-term rental is also possible (3-5 years). The rental price is 48,000 euros per year.

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Amenities

City viewMountain viewAir conditioningFully furnishedReceptionTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
440 000 €
Real estate transfer tax
19 000 €
4 500 € (3% × 150 000) + 14 500 € (5% × 290 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs19 927 €
Estimated costs to purchase the propertyTotal: 459 927 €

Location

What's nearby

  • SchoolAdriatic Open145 m
  • KindergartenVtric "Svetionik"180 m
  • GroceriesIDEA58 m
  • PharmacyTea Medica57 m
  • RestaurantPanini90 m
  • Bus stop92 m
  • ATMErste Banka58 m
  • AirportPodgorica Airport31.7 km
  • PortLuka Bar515 m
  • Sea383 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€440,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,189/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,260/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,296/мес
Monthly payment
€2,033
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€308,000
Total interest€179,839
Loan amount
€308,000
Total interest
€179,839
Total payment
€487,839

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

440 000 €
2 200 €/m²№ 1787