Flat 40 м² in Herceg Novi, Montenegro

23 714 $

592 $ /м²

4OXo0

Flat 40m² in Montenegro, Herceg Novi. Priced at 21200€ rent photo-

Area

40 м²

Bedrooms

Gerber 2

We offer to your attention an inexpensive apartment type “maisonette”, which is located on the fifth and sixth floors (there is an elevator) of the complex “Gerber 2” in the popular resort of Sunny Beach. The territory has a small swimming pool, sun beds and umbrellas, security, fencing. There are parking lots for owners of apartments.Suitable for seasonal vacation, year-round residence or renting in the summer.Furniture and equipment in the price. Distance to the beach about 600 meters.Support tax - 10 euros per year per square meter of the total area of the apartment.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

23 714 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 600

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 (23 714 $) 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).