AI Summary

A luxurious 420 m² villa in picturesque Shushan is located just 150 meters from the azure sea. This spacious house with 13 bedrooms, private pools, and panoramic balconies will be the perfect place for comfortable living for a large family or a profitable investment in resort real estate. This unique offer combines privacy, proximity to the coast, and a high level of aesthetics for those who appreciate Mediterranean comfort.

Villa in Shushan No. 1652

Shushan · Bar Riviera, Bar, Bar Municipality, Montenegro
590 000 €
View: Sea view

Details

Area
420 м²
Land area
680 м²
Bedrooms
13
Bathrooms
7
Year built
2014
Parking
Yes
To sea
150 m
Price per m²
1 405 €

Description

A three-story villa in the very heart of the Bar Riviera is designed according to a bespoke project in line with modern trends in architecture and construction. The exterior of the building features details traditional to the Montenegrin coast: gallery balconies and wide terraces. The facade of the house is made of high-quality red brick (comfort block), which ensures an optimal indoor temperature at any time of year. From all rooms and terraces of the villa there is a fabulous view of the sea and mountain ranges.

A large living room with a dining area and fireplace, a fully equipped kitchen, 5 bedrooms, 3 bathrooms, as well as several utility areas and a room for a wine cellar make this house ideal for a large and friendly family. The interior design of the villa is done in the currently popular fusion style, combining Italian materials as well as colors and textures traditional to the Mediterranean. The villa has a modern heating system (underfloor heating, radiators in the living rooms). The furnishings and technical equipment of the rooms (two plasma TVs, leather furniture, built-in kitchen furniture, two refrigerators, seven air conditioners) include not only everything necessary for comfortable living, but also leave room for further decorative design and the possibility of future additions to the interior.

Also in the house on the third floor, reached by an independent staircase, there are four separate guest apartments: three of 40 m2 and one of 55 m2, each with a separate entrance, 2 cozy bedrooms, a bathroom, a kitchenette, as well as the necessary set of appliances – a TV with satellite TV, a refrigerator and an air conditioner. The apartments can be used as a mini-hotel for accommodating 20-22 people, with a profit of 15,000-20,000 euros per season.

The villa is surrounded on all sides by a Mediterranean garden traditional for Bar, with exotic plants. On the plot there is a swimming pool, a sauna with a relaxation room, a huge family barbecue area in Russian style (cauldron, shashlik grill and Russian stove), as well as parking for 5 cars. The villa has 3 floors, plus a wine cellar. It is a three-minute walk to the beach with cozy cafes and small souvenir shops. The center of Bar and the yacht club with a pier are 2.5 km away.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
590 000 €
Real estate transfer tax
27 400 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 5 400 € (6% × 90 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs28 484 €
Estimated costs to purchase the propertyTotal: 618 484 €

Location

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 150 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
€590,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,935/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,031/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,079/мес
Monthly payment
€2,726
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€413,000
Total interest€241,148
Loan amount
€413,000
Total interest
€241,148
Total payment
€654,148

Want to know how much you can actually get approved for?

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Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

590 000 €
1 405 €/m²1652