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AI Summary

A spacious 600 sq. m villa in picturesque Shushan is the perfect combination of comfort and privacy for a large family. The house features 8 cozy bedrooms, a bright living room, and wide balconies offering beautiful views, while the azure coastline is just 800 meters away. This is an excellent option for those looking for a large living space or a profitable investment in premium real estate.

HousesNo. 577

House in Shushan No. 577

Shushan · Bar Riviera, Shushan, Montenegro
€530,000
View: Sea view

Details

Area
600 m²
Land area
220 m²
Bedrooms
8
Parking
Yes
To sea
800 m
Price per m²
€883

Description

A residential four-story house is for sale in the Shushan area, Bar. There are 280 sunny days a year in this area. The house can be used as a mini-hotel, as its size and layout allow. The first and third floors are fully finished turnkey, the others are in progress. The terrace offers a magnificent sea view. The house was built from high-quality construction materials, as it was originally built for personal use. Each floor has a separate entrance. There is 550 sq. m. of land (the house plot is 300 sq. m.), there is an additional 220 sq. m. plot without buildings, and if desired, there is an opportunity to buy an additional 400 sq. m. Fruit trees are planted on the plot: mandarins, oranges, persimmons, grapes

- on the first floor there is a separate one-bedroom apartment of 40 sq. m. with a ceiling height of 3.20 m.

- on the second floor there is an office of 12 sq. m. (can be converted into a bedroom), a kitchen-dining room combined with a relaxation room, a bathroom of 15 sq. m., and an open spacious terrace of 30 sq. m. Each room is separated by steps (mini-levels).

- on the fourth floor there are 3 rooms, a bathroom, a kitchen, a toilet.

Amenities

Sea ViewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€530,000
Property transfer tax
€23,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €1,800 (6% × 30,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€24,839
Estimated costs to purchase the propertyTotal: €554,839

Location

What's nearby

  • SchoolCompass1.6 km
  • Kindergarten1.6 km
  • GroceriesMarket N&B1.4 km
  • PharmacyLenapharm1.5 km
  • RestaurantRestoran PROVA1.6 km
  • Bus stop1.7 km
  • ATM1.7 km
  • AirportPodgorica Airport29.0 km
  • PortMarina Bar3.1 km
  • Sea800 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.
This property is about 800 m from the sea.
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
€530,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,637/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,723/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,766/mo
Monthly payment
€2,448
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€371,000
Total interest€216,625
Loan amount
€371,000
Total interest
€216,625
Total payment
€587,625

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.

€530,000
€883/m²No. 577