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AI Summary

A promising land plot for sale in the city of Bar, located just 4,000 meters from the azure coastline. This is an excellent opportunity to build the home of your dreams in one of the most picturesque and developed areas of Montenegro for EUR 350,000.

No. 621

Land Plot in Bar No. 621

Bar · Bar Riviera, Bar, Montenegro
€350,000
View: City view

Details

Land area
3490 m²
To sea
4000 m

Description

Urbanized land plot without a building in Stari Bar, construction of four buildings with a total area of up to 4200 m2 is permitted, on the Bar Riviera. Area 3490 sq.m, 4000 m from the sea.

Amenities

City view

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€350,000
Property transfer tax
€14,500
€4,500 (3% × 150,000) + €10,000 (5% × 200,000)

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€15,351
Estimated costs to purchase the propertyTotal: €365,351

Location

What's nearby

  • SchoolAdriatic Open329 m
  • KindergartenPahulja318 m
  • GroceriesIDEA359 m
  • PharmacyMeditas350 m
  • RestaurantYachting Club cafe146 m
  • Bus stop434 m
  • ATMKomercijalna banka221 m
  • AirportPodgorica Airport32.1 km
  • PortLuka Bar149 m
  • Sea4.0 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 4000 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
€350,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,741/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,798/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,827/mo
Monthly payment
€1,617
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€245,000
Total interest€143,054
Loan amount
€245,000
Total interest
€143,054
Total payment
€388,054

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.

€350,000
No. 621