Flat 44 м² in Herceg Novi, Montenegro

25 996 $

590 $ /м²

4OXoz

Flat 44m² in Montenegro, Herceg Novi. Priced at 22500€ rent photo-

Area

44 м²

Bedrooms

Shumen

Pay attention to a very inexpensive but interesting object in the complex “Shumen”.Advantages:- Location (built almost in the center of the resort. In walking distance to stores, cafes, restaurant “Gianni”),- price,- low tax for the support of common parts of the building.The apartment is one bedroom. The total area of 44 square meters. Third floor. The apartment is fully furnished and equipped with necessary appliances.Distance to the sea - 400 meters.Call right now and our managers will tell you more about this offer.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

25 996 $

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 (25 996 $) 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).