Flat 72 м² in Herceg Novi, Montenegro

29 969 $

416 $ /м²

4OXnc

Flat 72m² in Montenegro, Herceg Novi. Priced at 25550€ rent photo-

Area

72 м²

Bedrooms

Prestige City

Fully ready for summer vacation (all necessary furniture, household appliances, kitchen utensils are available) inexpensive apartment with a separate bedroom. Spacious apartment with total area of 71,60 sq.m. is located on the second floor.The complex “Prestige City” is built in the southern part of the resort and only 400 meters from the beach. From the amenities on the territory there is a swimming pool, cafe, small grocery store, playground, landscaping, underground parking.Maintenance fee (maintenance, cleaning and lighting of the common parts of the building, cleaning and filling of the swimming pool, landscaping, security) 8,40 Euro per square meter of the total area of the apartment per year.To ask additional questions or to agree on the possibility of viewing this offer you can contact our managers - call.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

29 969 $

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 (29 969 $) 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).