Plot in the suburb of Bar, Montenegro — 396,000 euros
Plot parameters
Location: suburb of Bar, Montenegro
Price: 396,000 euros
Sea and mountain view: yes
Water source: spring water on the site
Construction parameters: suitable for the construction of villas, houses and other buildings up to 4 floors
Construction area: up to 35,000 sq. m
Description of the region
Bar is a large port city on the coast of Montenegro with a developed infrastructure and unique natural landscapes. The city is located in an area with a mild Mediterranean climate, which attracts both tourists and investors here. The bar is popular among those who are looking for a quiet place to stay or do business in Montenegro.
Advantages of buying a plot
The acquisition of a plot in the Bar provides significant opportunities for future owners. The plot with sea and mountain views is suitable for the construction of residential real estate, and can also be used for rental. The options for using the property include:
Rental: High tourist interest allows you to count on rental income, which increases especially in the summer season.
Personal recreation: The opportunity for year-round recreation in an ecologically clean area with excellent views.
Long-term investments: Investments in land in Montenegro can be profitable in the long term.
Possibilities of obtaining a residence permit
In Montenegro, when buying real estate, owners receive the right to temporary residence, which makes the purchase especially attractive for foreigners. Having a residence permit allows you to move freely around the country and facilitates the adaptation process for new residents.
Analysis of real estate price growth over the past 5 years
Montenegro's real estate market has been showing steady growth in recent years. On average, the cost of land and residential real estate increased by 5-8% annually, depending on the region. These figures are due to the high demand for the purchase of housing by foreigners and the stable development of infrastructure in coastal areas such as Bar.
the plot offers velikolepny views of the sea and the mountains. Also on site there is a source of spring water. According to the opinion of a licensed surveying company, land suitable for residential development of villas, houses and other buildings up to 4 storeys. Guaranteed the total building area 35,000 square
