Property Abroad

Montenegro

Budva

Przno

Flat

Flat 104 м² in Przno, Montenegro

151 431 $

1 456 $ /м²

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Area

104 м²

Bedrooms

Apartment in Budva. City - Pržno

Townhouse located 400 meters from the beach. This is a three-apartment house spread over three levels (townhouse type). Ground floor: (hallway, kitchen, bathroom). 1st floor: living room with access to the terrace. 2nd floor: two bedrooms and a bathroom. Central sewage and water supply. Each level has a sea view, and there are kiwi plants growing, lots of kiwi! The walls are half a meter thick.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

151 431 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Przno; 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 Przno 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 (151 431 $) 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 Przno: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).