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Olive Cove Villas, Bar

Bar · Utjeha

€2,200,000

Buying with residence in mind? The permit threshold is €150,000 of tax-assessed value — the figure in the Tax Administration’s transfer tax decision, not the asking price. Citizens of the EU, EEA and Switzerland are exempt from it. How residence through property works →

Asking price
€2,200,000
Transfer tax
€124,000
Notary & registration
Scales with value
Price plus transfer tax
€2,324,000

We do not record which of the two applies to an individual listing, and it changes the tax entirely: on a first sale the seller accounts for VAT and the buyer owes no transfer tax at all.

Indicative, calculated on the asking price. The taxable value is set by the Tax Administration and may differ. Annual municipal property tax is charged separately and cannot exceed 1% of value.

Bedrooms
3
Bathrooms
3
Size
360 m²
Plot
800 m²
Garage
1
Location
Bar · Utjeha
Type
House & villa
Transaction
For sale
Price per m²
6,111 €
Listing ID
37584

Features & amenities

  • Air Conditioning
  • Barbecue
  • Cable TV
  • Floor Heating
  • Furniture
  • Garden
  • Lawn
  • Microwave
  • Private Parking
  • Refrigerator
  • Sea view
  • Security
  • Swimming Pool
  • Washer
  • Wi-Fi

All photos (30)

Details

About this property

Areas of individual villas: 360 m2

The land area of individual villas: 800 m2 land + 400 m2 of the beach area

Bedrooms: 3

Bathrooms: 3

The closed-gate resort of contemporary villas directly on the waterfront, each with a boat mooring, private beach area, and an infinity swimming pool 11×4.5m with seawater.

Each villa features 3 en-suite bedrooms, each measuring approximately 360 m2, with 800 m2 of the garden and an additional area adjacent to the sea, of about 400 m2.

Floor heating, central climatization, garage for 1 car in each villa, and two more outdoor parking places in front of each garage.

One of the villas is furnished with high-end branded furniture. The second villa is for sale unfurnished; the price is 1.600.000 eur.

The complex is set in a beautiful quiet village, surrounded by lush Mediterranean vegetation and virgin beauty of the open sea and olive groves. 14 km from city of Bar and 32 km from Podgorica airport

The market around it

At 6,111 € per m² this listing sits about 99% above the median for Utjeha, which stands at 3,069 € per m² across 4 listings there with both a price and a floor area.

We currently hold 5 priced listings in Utjeha, running from €225,000 to €2,200,000, and this is the most expensive of them.

Within 5 km of this address we hold 4 other priced for sale listings, asking between €225,000 and €1,300,000, with a median of €722,500. At €2,200,000 for 360 m² this one ranks 1 of 5 inside that radius.

Location

Location
Bar · Utjeha
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Olive Cove Villas
€2,200,000 · 360 m² · 6,111 €/m²
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