Flat 61 м² in Herceg Novi, Montenegro

42 399 $

695 $ /м²

4OXdT

Flat 61m² in Montenegro, Herceg Novi. Priced at 36200€ rent photo-

Area

61 м²

Bedrooms

Flores Park

We offer for purchase a spacious one-bedroom apartment in the central part of the most popular k.k. Sunny Beach.The one bedroom apartment is located on the sixth floor of the building of the complex “Flores Park”. The price includes full furnishing and all appliances.Complex “Flores Park” is located 300 meters from the central alley of the city and 250 meters from the beach. On the territory there is a swimming pool, store, cafe, parking and 24-hour security.In a couple of minutes walk there is everything: several supermarkets, many cafes and restaurants, stores, pavilions with fresh fruit and vegetables, pharmacies, banks, bus station, bus stop.Excellent option for recreation and year-round residence!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

42 399 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 250

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 (42 399 $) 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).