Sale, apartment, 71m², Bar, Crna Gora

Apartment is located in the new project inn development on location near Old Town Bar. Apartment has open plan living room, one bedroom, one bathroom, and a terrace. Apartment of this type can be found on all floors. Building has 6 floors.

LOCATION

The location of the apartment is 1 kn from Old Town Bar, 2 km from the Bar city centre and 3 km from the sea.

Airport Podgorica is 48 km away

Capital City Podgorica 53 km away

Ada Bojana and Great Beach Ulcinj 39 km

Boka Bay and Tivat Airport 60 km

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BAR

Set within the two magical shores, Bar is nestled along a quiet stretch of the Adriatic coastline in the idyllic Bay of Bar, with its medieval stone city walls and pantiled roofs.

The city of Bar, famed for its centuries-old olive groves, charms with picturesque, old stone villages, secluded beaches and hideaways where all you will hear is the chirping of birds. This is where you’ll find the real Montenegro, a simple traditional lifestyle that has hardly changed over centuries, but also urban life in the city center. This is where locals live in harmony with each other as well as with tourists. The postcard of Bar today consists of tourist facilities, restaurants, shops, sports fields and a marina. The city with two coasts, one on the Adriatic Sea and the other on Lake Skadar, are ready to satisfy the tastes of all residents and tourists.

Bar is known throughout the Balkans and Europe for the trees like the Old Olive Tree. Bar olive trees contribute to the environmental value, and Bar olive groves have been declared one of the most beautiful environments in Montenegro.

The climate of Bar is determined by its geographical position in the temperate zone and the proximity of two large area of water, the Adriatic Sea and Lake Skadar, as well as the direction of the central mountain range with the Rumija massif, whose heights range from 800 to 1,594 m above sea level. The city of Bar is characterized by long, hot and dry summers, and mild and rainy winters. The maximum mean monthly temperature in July is 27.8°C, and the minimum mean monthly temperature in January is 4.3°C. The summer season lasts from mid-May to mid-October, when the water temperature reaches up to 27°C. Bar is one of the sunniest places in Europe, with an average of 2550 sunny hours per year.

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WHY TO INVEST IN MONTENEGRO?

One of the fastest growing economies in the Balkans

Increased tourist arrivals of 5.5% per annum

Favorable visa regime

Two international airports

Candidate country for EU

Income tax is 9%

Most competitive corporate tax regimes in Europe

Taxation when buying new developments 0%

No restrictions on profit, dividend or interests

No industrial pollution

Sea and Mountain climate

Protected by UNESCO

Official currency is Euro

Law system that gives foreign investors equal status with locals

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PAYMENT PLAN

50% upon contract signing

30% upon completion of rough work

20% upon completion of construction