Property Abroad

Montenegro

Budva

Petrovac

House

House 260 м² in Petrovac, Montenegro

769 726 $

2 960 $ /м²

4OdvD

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #1

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #2

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #3

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #4

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #5

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #6

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #7

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #8

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #9

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #10

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #11

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #12

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #13

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #14

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #15

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #16

House 260m² in Montenegro, Petrovac. Priced at 650000€ rent photo- #17

Area

260 м²

Bedrooms

House in Budva. The city is Petrovac.

Three-story house with apartments for rent.

The area of the house under the roof-240 square meters

Terrace - 60 sq.m

Land area - 270 sq.m

First floor - corridor, living room with kitchen, guest bathroom, bedroom + bathroom. Exit to the terrace from the living room.

Second floor - first bedroom with bathroom with toilet and a large terrace with sea view and grapes. Second large bedroom with bathroom and a terrace with sea views.

Third floor - one bedroom with ensuite bathroom.

Two floors were rented out and the third floor was used for vacationing by the owners.

Additional details

Property type

Residential Properties

Number of rooms

Object type

House

Price

769 726 $

Characteristics

Sea View

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 (769 726 $) 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).