House 273 м² in Petrovac, Montenegro

817 669 $

2 995 $ /м²

4OgOB

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #1

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #2

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #3

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #4

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #5

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #6

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #7

House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #8

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House 273m² in Montenegro, Petrovac. Priced at 700000€ rent photo- #18

Area

273 м²

Bedrooms

House with apartments in a prestigious location

The house is located 100 meters from the beach and promenade in Petrovets, on a prestigious and popular tourist location.

The house area is 273 m2

The area of the plot is 243 m2

House planning

0 floor - 92 m2 - apartment with 1 bedroom, living room, bathroom, 3 terraces, corridor, warehouse

1 floor - 83 m2 - 4 bedrooms, kitchen, 3 bathrooms, 3 terraces

2 floor - 59 m2 - 2 bedrooms, 2 bathrooms, kitchen, terrace

The house needs cosmetic repairs
View from the top floor terraces to the sea and the city
The object is great for organizing a hostel, a mini-hotel, can be replanned for a private house

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

817 669 $

Land area

242

Distance to key points, m

To sea 100

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 (817 669 $) 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).