Flat 71 м² in Krimovica, Montenegro

36 976 $

520 $ /м²

4OXph

Flat 71m² in Montenegro, Krimovica. Priced at 32000€ rent photo-

Area

71 м²

Bedrooms

Villa Romana

Spacious one bedroom apartment in a small but very cozy resort village of Elenite. Total area 71 sq.m. Second floor. It is offered for purchase in turnkey condition. Due to the fact that the apartment has not been lived in for several years after purchase, a refreshing renovation is required in the living room and bedroom.The price has been reduced for a quick sale.On the territory of the complex “Villa Romana” has a swimming pool, lots of greenery, parking. A beautiful path of no more than 500 meters will lead you directly to the stunning sandy beach.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

36 976 $

Location

By the Sea

Characteristics

Pool

Distance to key points, m

To sea 500

FAQ

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.

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 Krimovica 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 (36 976 $) 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 Krimovica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).