Property Abroad

Montenegro

Budva

Petrovac

House

House 422 м² in Petrovac, Montenegro

1 421 033 $

3 367 $ /м²

4OckU

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #1

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #2

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #3

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #4

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #5

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #6

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #7

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #8

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #9

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #10

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #11

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #12

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #13

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #14

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #15

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #16

House 422m² in Montenegro, Petrovac. Priced at 1200000€ rent photo- #17

Area

422 м²

Bedrooms

Villa with swimming pool

The villa is located in a quiet, green part of Petrovac.

Plot area - 425 m2.

The area of the villa - 422 m2.

The structure of the villa:

- large, spacious living room

- kitchen

- 4 bedrooms

- 3 bathrooms

- office

- laundry

There is a swimming pool on the site.

Panoramic view of the sea and the city.

Distance from the sea - 600 m.

The building is legalized

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

1 421 033 $

Land area

425

Characteristics

Pool

Distance to key points, m

To sea 600

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 (1 421 033 $) 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).