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House 268 м² in Herceg Novi, Montenegro

556 970 $

2 078 $ /м²

4Ocl0
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Area

268 м2

Bedrooms

6

House with 5 apartments in Ratisevina

The house is located 3 km from the sea in the Ratisevina area

The area of the house is 268 m2

Plot area 300 m2

The house consists of 5 apartments

1st floor - 2 apartments with 1 bedroom of 45 m2

2nd floor - 2 apartments with 1 bedroom of 46 m2

3rd floor - apartment with 3 bedrooms 86 m2

The house is completely legal, it is possible to install a swimming pool on the plot

It is possible to sell by apartments

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

3

Object type

House

Price

556 970 $

Land area

300

Characteristics

Pool

Distance to key points, m

To sea 3000

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 (556 970 $) 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).

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