New Villa with a Panoramic Sea View, Utjeha, Bar

House Area: 272m²

Land Area: 440m²

Bedrooms: 3

Bathrooms: 3

Floors: 3

Bar, Utjeha, a new villa with a total area of 272m², built on 4 floors, located about 150m from the sea. The house consists of a total of three bedrooms, three bathrooms, a large living room with a kitchen and dining area, an additional summer kitchen, and a large terrace with a panoramic sea view, in one of the most attractive locations on the coast.

Layout by floors:

On the ground floor, there is a wine cellar and a garage, and next to the house, there is a garage with space for 2 vehicles.

On the first floor, there is a dining room with a kitchen, a bathroom, and a living room with access to the terrace.

On the second floor, there are three bedrooms, one of which has its own bathroom while the other two share one. All rooms have access to the terrace.

On the third floor, there is a large terrace with a view of the sea and mountains, a summer kitchen with a barbecue, a bathroom, and space for a sauna.

The villa is protected by a video surveillance system, with an application for monitoring via mobile devices.

The distance to Bar, with a ferry connection to Italy and a railway connection to the European continent, is about 13km, and the distance to Ulcinj is about 7km.

At 1,930 € per m² this listing sits about 38% below the median for Bar, which stands at 3,125 € per m² across the 12 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 12 properties in Bar, running from €225,000 to €4,300,000; by price this one ranks 8 of 12. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €525,000 for 272 m², transfer tax comes to €23,500 — an effective 4.5%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 5 other for sale listings, asking between €498,500 and €4,300,000, with a median of €630,000. At €525,000 for 272 m² this one ranks 5 of 6 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.