Flat 63 м² in Herceg Novi, Montenegro

24 085 $

382 $ /м²

4OXsp

Flat 63m² in Montenegro, Herceg Novi. Priced at 21100€ rent photo-

Area

63 м²

Bedrooms

Bravo 5

Large one bedroom apartment in the complex Bravo 5. Economy price - only 22100 euros. Central area of Sunny Beach, to the sea 500 m. Restaurant “Gianni”, bakeries, stores, vegetable stalls are only 100 meters away from the building. On the central alley of Sunny Beach many options for pastime: karaoke, car rentals, excursions, attractions and more.The complex Bravo 5 has a large swimming pool, well-maintained green area, parking.The apartment itself with a spacious living room, combined with kitchen area, bedroom, terrace and bathroom (installed shower and other sanitary equipment). The apartment is offered for sale unfurnished but finished.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

24 085 $

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 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 (24 085 $) 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).