Luxury apartments in a 5* residential resort, Canj, Bar

New exclusive 5-star development under construction, set along the 1.2 km long sandy beach in Canj, Bar riviera.

The complex will consist of InterContinental 5* hotel with 200 units and 8 buildings with the total of 242 apartments, of all structures – studios, one-bedroom, two-bedroom, three-bedroom as well as penthouse apartments.

All apartments are designed to preserve the open sea view.

Apartment’s structure:

Studio: 42 m2 – 67 m2

One-bedroom apartment: 61 m2 – 69 m2

Two-bedroom apartment: 80 m2 – 102 m2

Three-bedroom apartment: 118 m2 – 178 m2

Our recommendation is two-bedroom apartment of 85 m2 (75 m2 + 10 m2 terrace) for the price of 346,555 euros.

Convenient payment plan is available:

30% upon signing the initial contract;

50% during construction (monthly or bimonthly installments);

20% upon signing the final contract.

Also, planning comprises three outdoor pools, sports and recreational zones, restaurants and children playgrounds, with the total reconstruction of the promenade in Canj.

Completion of construction is set for spring of 2026.

Canj is a picturesque coastal village cuddled in the cove of Canj, an attractive part of the Montenegrin coast. The position of this charming coastal village is especially attractive for the future development.

Canj is located 40 km from two Montenegrin airports, Tivat and Podgorica. Budva, the center of the Montenegrin tourism can be reached in 30 minutes drive and the city of Bar in 20 minutes.

At 4,077 € per m² this listing sits about 35% above the median for Bar, which stands at 3,013 € per m² across the 12 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 12 properties in Bar, running from €225,000 to €4,300,000; by price this one ranks 10 of 12. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €346,555 for 85 m², transfer tax comes to €14,328 — an effective 4.1%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.