Skip to content

AI Summary

The offered apartment has 132 sq.m. of living area and is spread over three levels. The first level consists of a 20 sq.m. garage and a 40 sq.m. garage (as a separate room not included in the living area). The second and third levels comprise the apartment itself, connected by an internal staircase. On the second floor: two glazed terraces.

ApartmentsNo. 1983

Two-story Apartment No. 1983

Bar · Bar Riviera, Bar, Bar Municipality, Montenegro
€199,000
View: Mountain view

Details

Area
132 m²
Land area
220 m²
Bedrooms
2
Bathrooms
2
Floor
1/?
Year built
2012
Parking
Yes
Price per m²
€1,508

Description

The offered apartment has 132 sq.m. of living area and is spread over three levels. The first level consists of a 20 sq.m. garage and a 40 sq.m. garage (as a separate room, not included in the living area). The second and third levels comprise the apartment itself, connected by an internal staircase.

On the second floor: two glazed terraces + an adjacent land plot of 220 sq.m. + bathroom + living room + kitchen.

On the third floor: two loggias + bathroom + 2 bedrooms.

Total area: 132 sq.m.

An adjacent land plot of 220 sq.m. extends from the apartment at the level of the second floor and serves as a harmonious continuation of the kitchen and terrace. There is also an additional space in the form of a two-car garage.

Cosmetic renovation of the apartment was completed in September 2023.

Price including all furnishings — €199,000

If desired, the garage space on the first level can be converted into a residential apartment with an area of 26 sq.m.

Two pools, one for children and one for adults (20 m), are located within the complex grounds, 30 meters from the apartment.

Upon signing the sales agreement, the subject of sale includes the apartment itself, the adjacent land, the garage, and a share in the common ownership of the pools and all access roads.

A management company operates within the complex, ensuring cleanliness and order on the premises, proper sanitary condition of the pools, uninterrupted operation of all engineering systems, and security of the complex's property and residents.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€199,000
Property transfer tax
€6,950
€4,500 (3% × 150,000) + €2,450 (5% × 49,000)

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€7,643
Estimated costs to purchase the propertyTotal: €206,643

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
€199,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€990/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,022/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,039/mo
Monthly payment
€919
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€139,300
Total interest€81,336
Loan amount
€139,300
Total interest
€81,336
Total payment
€220,636

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.

€199,000
€1,508/m²No. 1983