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Flat 85 м² in Petrovac, Montenegro

303 909 $

3 575 $ /м²

4OgLV
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Area

85 м2

Bedrooms

2

Apartment in Budva. Town - Petrovac

description

Petrovac | 2-bedroom apartment near the sea - 260,000 €


For sale a cozy and bright apartment in Petrovets, just 100 meters from the beach and the embankment, in the green and quiet part of the city - among the pine trees and fresh sea air.


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Main characteristics:
* Area: 85 m2
* Floor: 2nd (total 2 apartments per floor)
* Planning:
♦ Spacious living room with kitchen
й️ 2 bedrooms
й️ 2 bathrooms
й️ Hallway
й️ 2 cozy terraces with partial sea views


The apartment is fully furnished, equipped with appliances, in excellent condition. It was never rented out and used as a personal residence.


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Advantages:
* Only 100 m to the beach
* Quiet green place, no audible tourist noise
* Quality small apartment building
* Ideal for living, rest or renting
* Clean documents
* Payment is possible in Russia


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Price: 260,000 €

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

303 909 $

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 (303 909 $) 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).

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