Flat 42 м² in Herceg Novi, Montenegro

20 056 $

477 $ /м²

4OXmI

Flat 42m² in Montenegro, Herceg Novi. Priced at 17000€ rent photo-

Area

42 м²

Bedrooms

Gerber 3

Apartment with a separate bedroom (type “maisonette”) is located 400 meters from the beach of Sunny Beach and is perfect for those who are looking for an inexpensive accommodation for a seasonal vacation or year-round residence for a family with one or two children. On the first floor there is a living room with a kitchen unit, a bathroom, on the first floor there is a double bedroom. The total area of the apartment is 42 square meters.On the fenced and year-round guarded territory of the complex there is a small swimming pool, a playground for children. There are parking spaces for cars.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

20 056 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 400

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 (20 056 $) 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).