Flat 129 м² in Herceg Novi, Montenegro

71 096 $

551 $ /м²

4OXr0

Flat 129m² in Montenegro, Herceg Novi. Priced at 59995€ rent photo-

Area

129 м²

Bedrooms

Lina Sani Residence

Penthouse in a five-storey complex “Lina Sani Residence” in the Chaika neighborhood in Sunny Beach. The house is located in walking distance from a polyclinic, aqua park, grocery store “MM”, bank “Uni Credit”, vegetable market. Not far from the house is a kindergarten, school, bus station. Distance to the sandy beach is not more than 600 meters. The total area of the apartment with THREE bedrooms 129 square meters. m. Fifth floor.Advantages of this offer:- completed renovation,- high quality furniture,- low maintenance fee (400 euros per year),- good location,- affordable price.The territory is closed, guarded. There is a swimming pool, umbrellas and sun loungers, elevator.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

71 096 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 500

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (71 096 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).