Flat 160 м² in Petrovac, Montenegro

281 945 $

1 762 $ /м²

4OezD

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #1

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #2

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #3

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #4

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #5

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #6

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #7

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #8

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #9

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #10

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #11

Flat 160m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #12

Area

160 м²

Bedrooms

Apartment in Budva. The city is Petrovac.

description

A large duplex apartment of 160 m2 is for sale.

The apartment has 4 bedrooms.

There is an overage on the floor.

The apartment is fully furnished and ready to move in.

Apartment is fully furnished and ready to move in.

Price 240.000 euro

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

281 945 $

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 (281 945 $) 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).