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Villa 388 м² in Petrovac, Montenegro

1 122 127 $

2 892 $ /м²

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Area

388 м2

Bedrooms

2

Bathrooms

1

Budva, Petrovac - authentic stone villa with panoramic sea views

Budva, Petrovac - authentic stone villa with panoramic sea views


A stone, two-storey rustic villa of 388 m2 with outdoor pool and panoramic sea views for sale in Petrovac, Budva.

The structure of the villa:
The basement has a technical room, a toilet and a garage for two cars.
On the first floor there is a spacious open plan living room with kitchen and dining area, two bedrooms, guest toilet and bathroom.
On the first floor there are two separate one bedroom apartments.

On the landscaped and paved plot of 567 m2 there is an outdoor swimming pool and a utility room. There are also 3 additional parking spaces in front of the villa.

The villa is sold partially furnished. It is equipped with video surveillance system, video intercom and alarm system, fully air-conditioned.

The villa is located 3 km from the sea, 20 km from the old town of Budva and 29 km from the port in Bar.

Price 960 000 euros

Services and facilities

Street window
Garage/parking
Pool
Furniture

Additional details

Property type

Residential Properties

Number of rooms

7

Publication

From the Agency

Object type

Villa

Price

1 122 127 $

Land area

567

Condition

In Good Condition

Location

In the Suburbs

Characteristics

Street window
Garage/parking
Pool
Furniture
Mountain View
Sea View

Infrastructure

Open pool
Beach transfer

Multimedia

Plan

Distance to key points, m

To sea 3000

Purchase method

Cash

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Petrovac; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Petrovac short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 122 127 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Petrovac: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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