Flat 42 м² in Herceg Novi, Montenegro

22 323 $

531 $ /м²

4OXbo

Flat 42m² in Montenegro, Herceg Novi. Priced at 19500€ rent photo-

Area

42 м²

Bedrooms

Lilia

The one bedroom apartment is located on the second floor of the complex “Lilia” in Sunny Beach and has a total area of 42,14 sq.m.The price of the apartment includes: double bed, two bedside tables, closet, kitchen unit, sofa bed, table and chairs, all kitchen utensils are also available. From the appliances there is a microwave, refrigerator, TV.The complex is under guard and offers the following services to vacationers: swimming pool, billiard tables, restaurant and bar, children's area.Support tax: 10 Euro per square meter per year.The distance to the sea is only 500 meters. Bourgas airport is 25 km away.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

22 323 $

Location

By the Sea

Characteristics

Furniture

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 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 (22 323 $) 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).