Flat 95 м² in Petrovac, Montenegro

246 752 $

2 597 $ /м²

4Oj2n

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #1

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #2

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #3

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #4

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #5

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #6

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #7

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #8

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #9

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #10

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #11

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #12

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #13

Flat 95m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #14

Area

95 м²

Bedrooms

Apartment in Budva. Town - Petrovac

Spacious, cozy apartment for sale in Petrovac.

Total area of 95 kV.m

2nd floor
Planning: living room with kitchen, two bedrooms, two bathrooms, terrace.
Excellent location, all necessary infrastructure in walking distance.

Distance to the sea about 700 m
The apartment is fully furnished and suitable for year-round living, and also has excellent rental potential.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

246 752 $

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 (246 752 $) 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).