AI Summary
Spacious 2-bedroom apartments in the OLEA Residence residential complex in a quiet area of Old Bar with panoramic views of the mountains, the city, and the forest. Modern apartments with high ceilings of 3 m, Mitsubishi Electric climate control system, and partial furnishing, ready for occupancy as early as September 2026. Enjoy comfort with a terrace, elevator, and video surveillance — just 3 km from the sea.
Details

OLEA Residence
Description
We offer for sale apartments in the OLEA Residence residential complex — two already built buildings in a quiet area of Old Bar. Commissioning and occupancy are expected in 1–1.5 months (by mid-September 2026).
Key features
- Area: 51–61 m²
- Floor: choose from ground (first), 1st, 2nd, or 3rd (top)
- Ceiling height: 3 m
- Heating/cooling: Mitsubishi Electric multi-split system (5-year warranty)
- Windows and doors: aluminum, Braća Marić
- Video surveillance on the complex premises
About the apartment
The apartments feature high ceilings of 3 meters, creating a sense of spaciousness rare for new builds in this segment. The building is already constructed — finishing is in the final stage, with minimal handover time compared to projects at the foundation stage. The price difference between floors reflects the developer's standard logic: the ground level is more affordable in terms of entry budget, while upper floors are priced higher due to views and natural light.
Location
The complex is located in the Old Bar area, near the historic part of the city:
- pharmacy "Stari Grad" — about 220 m
- Femić supermarket — about 655 m
- Old Bar market — about 850 m
- bus stop (Stari Bar) — about 770 m
- Old Town Bar (fortress) — about 1.1 km
- sea and city beach — about 2.5–3 km (5–7 minutes by car)
Investment potential
Quick commissioning is one of the main advantages: the buyer avoids typical risks of delayed construction and can expect to move in or rent out within the coming months. Proximity to Bar's historic center makes these apartments attractive for renting to tourists visiting the Old Town, and the range of sizes and budgets allows choosing an option for different investment strategies — from a compact rental apartment to a more spacious one for personal use.
Amenities
Estimated purchase transaction costs
Approximate breakdown of additional costs when buying
- Property price
- 124 800 €
- Real estate transfer tax
- 3 744 €
Possible additional costs
- Cadastre applicationsfrom 30 €
- Ownership sheets (listovi) for the dealfrom 7 €
- Sworn translator services· per contract / hourfrom 50 €
Location
What's nearby
- SchoolAdriatic Open2.9 km
- Kindergarten926 m
- GroceriesAroma159 m
- PharmacyApoteka Stari Grad231 m
- HospitalOpšta bolnica Bar490 m
- RestaurantGrill Montenegro197 m
- Bus stop190 m
- ATMckb banka272 m
- AirportPodgorica Airport32.0 km
- PortLuka Bar3.3 km
- Sea3.0 km
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