This penthouse apartment in Bar, in the sought-after Novi Bar district, convincingly combines architectural spaciousness, high-quality fittings and an investment potential that is rarely found on the market in this form. On around 200 square meters of living space, spread over two levels, a feeling of living is created that is clearly positioned in the premium segment – with plenty of space for individual design and an open view of what makes life on the Montenegrin coast so special.
As soon as you enter the lower level, you notice the extraordinary room height of around 3.50 meters, which, in combination with a sophisticated lighting design and suspended ceilings, creates a modern, almost prestigious ambience. High-quality parquet flooring in the living and sleeping areas provides warmth and elegance, while exclusive tiles have been used in the hallway and bathrooms to meet the highest visual and functional standards.
The new, unused kitchen blends seamlessly into the overall concept and offers not only a modern design, but also well thought-out functionality for everyday life or use as a vacation home. The room concept is complemented by custom-made built-in wardrobes and cleverly integrated storage solutions – such as the shoe cupboards discreetly installed under the stairs, which make optimum use of the available space.
The two bathrooms are fitted to a high standard and each has underfloor heating – a detail that significantly increases living comfort, especially in the cooler months. Overall, the result is a residential concept that can be used all year round and is attractive for both owner-occupiers and investors.
The view is a particular highlight: From the living area, complemented by a French balcony, there is a clear, unobstructed view of the sea. At the same time, there is an impressive view of the surrounding mountains around Bar – a combination of coastal and mountain panorama that is rarely found in this form.
The upper floor underlines the flexibility of this property. A spacious, open room offers numerous possible uses: Whether several additional bedrooms, a separate living area or even a second living unit – the necessary connections for an additional kitchen are already in place. Alternatively, an impressive loft area can be created here, enabling modern, open-plan living at the highest level.
The building itself also meets high standards. An elevator takes you comfortably up to the ninth floor, and the entire property is under video surveillance and alarmed. A janitor service and regular building cleaning ensure that the property is always well maintained. The monthly management costs are very moderate at around 40 to 50 euros.
The location is also impressive across the board: the property is only around 200 meters from the beach. The popular promenade of Bar is just a five-minute walk away and invites you to take relaxing strolls right by the sea. There are numerous restaurants, cafés and a wide range of shops in the immediate vicinity, making everyday life just as convenient as life on vacation.
Another strong argument is the proximity to the renowned Mornar Bar Sports Club, which can be reached on foot in around five minutes. Numerous sports facilities are available here – from tennis, soccer and basketball to other leisure and training activities. This is complemented by attractive jogging routes in the immediate vicinity, which makes the location particularly interesting for active buyers.
This combination of a central location close to the beach, excellent infrastructure and a wide range of leisure activities makes the apartment not only an ideal place to live, but also an extremely lucrative investment. In the high season, daily rents of at least 500 euros are realistic, while a conservatively calculated rental income of around 45,000 euros can be achieved throughout the year.
The purchase price of EUR 590,000 already includes a private parking space, with additional parking spaces available if required. In view of the location, the quality of construction and the rental potential, this is a compelling offer from both an emotional and an economic perspective.
This property is not just an apartment – it is a well thought-out overall concept of lifestyle, quality and yield.