Flat 46 м² in Herceg Novi, Montenegro

29 070 $

631 $ /м²

4OXp4

Flat 46m² in Montenegro, Herceg Novi. Priced at 25900€ rent photo-

Area

46 м²

Bedrooms

Reinbow 1

Small in area (46 sq.m.), but very cozy one bedroom apartment on the fourth floor in the excellent complex “Reinbow 1”. The furniture and appliances are in excellent condition and are included in the price. From both rooms there is an exit to the balcony, from which there is a great view of the sea.The complex has a swimming pool, restaurant and store, reception office, parking spaces for apartment owners.The annual maintenance fee is 500 Euros.To coordinate the time of inspection please contact our managers!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

29 070 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 300

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 (29 070 $) 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).