Flat 67 м² in Herceg Novi, Montenegro

48 823 $

728 $ /м²

4OXfT

Flat 67m² in Montenegro, Herceg Novi. Priced at 41200€ rent photo-

Area

67 м²

Bedrooms

Dune Residence

Aparthotel “Dune Residence” is located a few stops away from the historical museum town of Nessebar on the first coastline.The territory has sun beds and umbrellas, children's playground, recreation area, 24-hour reception and security, parking, elevator.The complex “Dune Residence” works in the summer season (from May to September). It is in good demand among vacationers. Nearby there are many restaurants and cafes, clothing stores and grocery stores, “McDonald's” and “SUBWAY”, attractions for children, the most popular nightclubs and discos, public transportation, pharmacies, ATMs, currency exchange and much more.One-bedroom apartment is located on the third floor of the apart-hotel building (66,50 sq.m.). The price includes appliances and furnishing. There is an opportunity to rent the apartment with a management company.The annual maintenance fee for common parts is 10 Euro per square meter of the apartment area.

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

48 823 $

Location

By the Sea

Characteristics

Furniture

Distance to key points, m

To sea 10

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 (48 823 $) 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).