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Prime Investment Plot of Land with Sea Views in Bar, Montenegro

€490,000€60/m²

Bar, Montenegro

  • 8,164 m²

    interior

  • 8,164 m²

    plot

  • Land

    property type

  • 2 weeks ago

    listed

The Habio take

AI summary

This impressive 8,164 m² plot of land in Bar, Montenegro, boasts breathtaking sea views and significant investment potential. Positioned strategically, it offers an ideal setting for creating a thriving tourist destination in this vibrant coastal city.

  • investment
  • coastal
  • beach

Highlights

  • 8,164 m² urbanised land
  • Uninterrupted panoramic sea views
  • Zoned for multiple tourist facilities
  • Free of debts with clear ownership
  • Low annual tax rate for foreign buyers

Worth knowing

  • Potential restrictions on construction type
  • Development plans required for investment

Good fit for: Ideal for investors seeking to develop a profitable tourist destination.

Lifestyle scores

Beach
90
Walkable
50
Remote work
60
Family
70
Retirement
75
Airport access
70
Investment
85
Luxury
80
Value
75

About this place

This excellent plot of land for sale in Bar, Montenegro, measures a substantial 8,164 square metres, presenting a perfect opportunity for investors looking to develop a tourist haven. The land features stunning, uninterrupted panoramic views of the Adriatic Sea, guaranteeing captivating vistas that are sure to attract visitors and residents alike.

Situated just below a well-maintained regional road, the plot benefits from convenient access while maintaining a tranquil atmosphere, making it ideal for peaceful retreat development. The land is urbanized and zoned for the construction of various tourist facilities, allowing for the creation of luxurious villas, charming hotels, or a resort complex.

Montenegro’s growing tourism market enhances the investment's potential, while the plot comes with a clean certificate of immovable property, ensuring clarity of ownership without any debt. Additionally, the attractive low tax rate of 0.6% makes it an appealing prospect for foreign buyers. Bar offers a unique blend of history and modernity, with ancient ruins, beautiful beaches, and rich cultural experiences available for both residents and visitors.

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