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AI Summary

A spacious three-story house with an area of 290 sq. m in the picturesque area of Shushan is an ideal place for a large family to live. The house includes 5 cozy bedrooms, 5 living rooms, and 3 equipped kitchens, and the azure coastline is only 450 meters away. This is an excellent combination of comfort, functionality, and proximity to the sea for the price of 320,000 EUR.

HousesNo. 619

House in Shushan No. 619

Shushan · Bar Riviera, Shushan, Montenegro
€320,000
View: Sea view

Details

Area
290 m²
Land area
400 m²
Bedrooms
5
Bathrooms
3
Parking
Yes
To sea
450 m
Price per m²
€1,103

Description

Two two-story houses on one land plot, located in the Shushan area of the Bar Riviera. The first house, with an area of 110 sq m, consists of three apartments with a kitchen and bathroom. The second house, with an area of 180 sq m. On the first floor there are two bedrooms, a living room, an entrance hall, a bathroom, and a kitchen with a dining area. The second floor is the same. The land plot area is 400 sq m. All utilities are urban, there is a telephone and parking.

Amenities

Sea ViewParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€320,000
Property transfer tax
€13,000
€4,500 (3% × 150,000) + €8,500 (5% × 170,000)

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€13,819
Estimated costs to purchase the propertyTotal: €333,819

Location

What's nearby

  • SchoolCompass1.2 km
  • Kindergarten1.2 km
  • GroceriesMarket N&B1.1 km
  • PharmacyLenapharm1.4 km
  • RestaurantRestoran PROVA1.3 km
  • Bus stop1.4 km
  • ATM1.5 km
  • AirportPodgorica Airport29.3 km
  • PortMarina Bar2.9 km
  • Sea450 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 450 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
€320,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,592/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,644/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,670/mo
Monthly payment
€1,478
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€224,000
Total interest€130,792
Loan amount
€224,000
Total interest
€130,792
Total payment
€354,792

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.

€320,000
€1,103/m²No. 619