Flat 64 м² in Herceg Novi, Montenegro

71 102 $

1 110 $ /м²

4OXnt

Flat 64m² in Montenegro, Herceg Novi. Priced at 60000€ rent photo-

Area

64 м²

Bedrooms

Galerie 2

Furnished and equipped one bedroom apartment on the absolute first line in Sunny Beach. Frontal view to the sea and the peninsula of the museum town of Nessebar. The wide (150 meters) beach strip of the resort of 8 km (from St. Vlas to Nessebar) is just a stone's throw away from the building.One bedroom apartment with total area of 63,80 sq.m. is located on the third floor of the apart-hotel “Galeri 2”. The annual maintenance fee is 10 Euro per square meter of the apartment area.Excellent option for summer vacation or effective renting out!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

71 102 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 150

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 (71 102 $) 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).