Flat 63 м² in Herceg Novi, Montenegro

36 257 $

575 $ /м²

4OXor

Flat 63m² in Montenegro, Herceg Novi. Priced at 31000€ rent photo-

Area

63 м²

Bedrooms

Prestige City

Spacious one-bedroom apartment with a functionally competent layout in a gated complex “Prestige City”. It is located on the third floor (elevator), the area (including balcony and common parts of the building) is 63,10 sq.m. Amenities: swimming pool with sun beds and umbrellas, playground, restaurant, free WiFi zone, underground parking, beautiful landscaping.One bedroom apartment is sold fully ready to move in - all furniture, appliances, kitchenware, decor elements are available.To agree on the date of inspection of this offer or to order a video you can contact our consultants - write, call!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

36 257 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 350

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 (36 257 $) 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).