Residential Complex in Bar No. 1756

Description

The new residential complex is located in the quiet Shushan district, near the Bar-Sutomore main road, just 500 meters from the center of Bar. The resort area of Shushan is popular for comfortable holidays and permanent living close to the city’s well-developed infrastructure. The promenade and resort beach are located just 150 meters from the residential building, and Podgorica Airport is only a 40-minute drive away. Shops and restaurants are within walking distance. Schools, kindergartens, the center of Bar, and the park are all also located near the residential building. According to statistics, Bar is the city with the highest number of sunny days per year - more than 270, and is also characterized by a combination of mountain and sea climates with extremely clean air.

The new residential complex consists of three buildings, one of which will be completed in October 2020. One- and two-bedroom apartments, as well as two penthouses, are available for sale:

SECOND FLOOR
- Two-bedroom apartment, area 61.74 m2, price 98,784 euros.
- One-bedroom apartment, area 45.73 m2, price 68,600 euros.
- Two-bedroom apartment, area 60.70 m2, price 91,065 euros.

FOURTH FLOOR

- One-bedroom apartment, area 45.73 m2, price 73,168 euros.
- Two-bedroom apartment, area 60.70 m2, price 97,136 euros.

FIFTH FLOOR

- One-bedroom apartment, area 45.76 m2, price 77,792 euros.
- One-bedroom apartment, area 45.76 m2, price 77,792 euros.
- Two-bedroom apartment, area 61.74 m2, price 104,958 euros.
- One-bedroom apartment, area 45.73 m2, price 73,168 euros.
- Two-bedroom apartment, area 60.71 m2, price 97,138 euros.

SIXTH FLOOR

Two three-bedroom penthouses, area 107.26 m2, price 203,794 euros.

The apartment layouts are standard:
One-bedroom - entrance hall, living room with dining area, kitchen, bathroom with shower cabin, bedroom, terrace.
Two-bedroom - entrance hall, guest toilet, living room with dining area, kitchen, bathroom with shower cabin, two bedrooms, terrace.

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.