Commercial premises in the city of Bar for 1,800,000 euros
For sale is a spacious commercial space in the picturesque town of Bar, with an area of 1100 m2. This is an ideal offer for investors looking for profitable real estate in Montenegro.
Main Features
Price: 1 800 000€
Area: 1100 m2
Type of use: former building materials and home appliance store
Additional premises: warehouse, utility rooms, freight elevator
Parking: available
Entrance: on the ground floor via stairs and elevator
Flexible payment terms: available
Description of the room
The commercial space was previously used as a store, which makes it an excellent choice for business. Inside there are retail areas, warehouses and utility areas, which provides convenience in managing turnover. The presence of a freight elevator simplifies the process of delivery and unloading of goods, and also makes the room accessible to customers with disabilities.
Advantages of the purchase
This property provides a variety of business opportunities. Potential tenants can use the premises as a store, office or warehouse. The expected rental yield in this area can range from 8% to 12%, depending on the type of business. Flexible payment terms make the purchase more affordable for various categories of investors.
The city of Bar and its attractiveness to investors
Bar is one of the fastest growing cities in Montenegro with developed infrastructure and attractive nature. The city is located on the Adriatic coast and is famous for its beaches, historical monuments and cultural events. In recent years, there has been an increase in interest in real estate in the area, due to an increase in tourist flow and active business development.
Analysis of real estate price growth
Over the past 5 years, prices for commercial real estate in Montenegro, including the city of Bar, have shown steady growth. According to experts, the cost of commercial facilities has increased by an average of 20-30%. This is due to the development of the economy, increased interest from foreigners and improved infrastructure.
Obtaining a residence permit in Montenegro
When buying commercial real estate in Montenegro, you have the opportunity to obtain a residence permit (residence permit). This will give you the right to live in the country and the opportunity to run a business. A residence permit can be obtained provided that you plan to use the property for commercial purposes.
The commercial space in the Bar is a unique investment opportunity for those who are looking for a profitable investment in real estate in Montenegro.