This luxury home is located in Krimovica - a developing area with luxury villas just 8 km from Budva and 1.5 km from the best beaches of Jaz and Ploce, offering a unique experience of quiet living by the sea, as well as the opportunity to run a successful apartment rental business.
On a plot of 430 m2 there is a beautiful garden with Mediterranean trees and flowers, creating a cozy atmosphere. Here you will find a terrace with a pergola, a jacuzzi and a wine salon - an ideal place to relax and meet with friends.
The house itself has a thoughtful architecture, providing three separate apartments of 120 m2 each.
On the ground floor there is a cozy apartment with 2 bedrooms, a large living room, a bathroom and a terrace.
On the second floor there is a hall, a living room, 3 bedrooms and a terrace, and on the third floor there is a hall, three bedrooms, a living room with a kitchen, 2 bathrooms and a terrace.
All kitchens are fully equipped with modern appliances - stoves, refrigerators, ovens, microwaves and dishwashers. Air conditioning in every room provides comfort at any time of the year, and all the furniture is completely new. On the ground floor you have a convenient laundry room and storage room.
Surrounded by nature and modern villas, you enjoy open sea views that will remain forever thanks to the landscape. This is an ideal place for your relaxing stay, summer vacation and promising apartment rental business.
And if you dream of your own swimming pool, our site provides you with this opportunity.
Welcome to your new home, where relaxation and business opportunities are combined in perfect symbiosis.
Characteristics
Property type
Residential Properties
Object type
House
Price
511 842 $
Floor
3
Land area
430 m²
Services and facilities
Air conditioner
Furniture
Pool
Distance to key points (meters)
To sea
1500 m
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Krimovica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Krimovica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (511 842 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Krimovica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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