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AI Summary

For sale are cozy 2-bedroom apartments in the OLEA Residence residential complex in a quiet area of Old Bar. Enjoy stunning views of the mountains, the city, and the forest from your own terrace, while modern security systems and climate control ensure comfort. Move-in is coming very soon - in September 2026!

Sale Apartments#2824

Apartments in Bar No. 2824

Current as of August 12, 2026

Bar · Bar Riviera

from124 800 €

View: Mountain view, City view, Forest view

Details

Area

51–61 м²

Rooms

Bedrooms

Bathrooms

Year built

2026

To sea

3050 m

Part of projectЖилой комплекс

OLEA Residence

Bar

1 объектов в комплексе

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Атмосфера комплекса

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: choice of 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 grounds

About the Apartment

The apartments feature high 3-meter ceilings, 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 key delivery 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 for 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 long-term construction risks and can expect occupancy or rental income 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 residence.

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Amenities

Intercom Alarm system Air conditioning Mountain view City view Management company Elevator Furnished - partially Terrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: 124 800 €
Real estate transfer tax: 3 744 €
Notary fees: 597 €

Possible additional costs

Cadastre applicationsfrom 30 €
Ownership sheets (listovi) for the dealfrom 7 €
Sworn translator services· per contract / hourfrom 50 €

Total required costs4 341 €

Estimated costs to purchase the propertyTotal: 129 141 €

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

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 3050 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.

Sale Apartments