Flat 44 м² in Herceg Novi, Montenegro

17 061 $

387 $ /м²

4OXfU

Flat 44m² in Montenegro, Herceg Novi. Priced at 14500€ rent photo-

Area

44 м²

Bedrooms

Diamant Palace

The new complex “Diamant Palace” is located next to the famous hotel “Tharsis”. It is located in the western part of Sunny Beach, not far from the sea. And most importantly you will not have to walk far to restaurants and stores, everything you need is close by.The complex has a swimming pool and parking, security all year round. The apartment is on the 6th floor, with an unusual round balcony. In this apartment you can realize your design talents and furnish it to your taste.Well, the main advantage is the price.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

17 061 $

Location

By the Sea

Characteristics

Pool

Distance to key points, m

To sea 800

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 (17 061 $) 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).