Aparthotel in the Old Town of Bar No. 1787
Bar
440.000 €
Area
200 m²
PROPERTY DESCRIPTION
For sale and rent is an apart-hotel with commercial space at a unique and historical location in the old part of the city of Bar. The property is directly adjacent to the city fortress and is located on a street with high tourist traffic. The old town of Bar is one of Montenegro's landmarks and attracts a huge number of tourists every year.
The completely renovated building, with an area of 200 m2, consists of a ground floor with commercial space, which can be divided into two parts if needed, with a toilet provided in each. On the second floor, there are three fully furnished apartments, and in the attic, there are two studios.
All apartments and spaces are after complete renovation, with new parquet floors and bathrooms with new sanitary equipment. The apartments are furnished, air conditioning units are installed, and new kitchen equipment is provided.
There is a small reception desk for guests in the building.
This apart-hotel represents an excellent investment offer. Long-term rental (3-5 years) is also possible. The rental price is 48,000 euros per year.
Details
- Property type
- office
Amenities
- Air conditioning
Location
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Questions about this property
What is the price per square metre?
At 440.000 € for 200 m², this listing works out to 2.200 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.