Flat 64 м² in Herceg Novi, Montenegro

57 024 $

891 $ /м²

4OXa1

Flat 64m² in Montenegro, Herceg Novi. Priced at 50000€ rent photo-

Area

64 м²

Bedrooms

Flores Park

The apartment for sale consists of a hall with a kitchen, a bedroom, a bathroom with shower and a terrace. The main advantage of “Flores Park” is a very good location almost in the very center of Sunny Beach. Opposite is the bus station with regular flights to Sofia, Varna and Burgas. The beach is only 200 meters away. Nearby there is a bus stop, stores, cafes, restaurants, bars, a central pedestrian street offering many attractions and entertainment for every taste. Services in “Flores Park”: parking, swimming pool, store, cafe, security.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

57 024 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 200

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 (57 024 $) 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).