Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 67 м² in Petrovac, Montenegro

196 437 $

2 931 $ /м²

4Odwv

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #1

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #2

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #3

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #4

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #5

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #6

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #7

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #8

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #9

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #10

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #11

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #12

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #13

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #14

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #15

Flat 67m² in Montenegro, Petrovac. Priced at 175000€ rent photo- #16

Area

67 м²

Bedrooms

Apartment in Budva. The city is Petrovac.

Description

Apartment in a complex in Petrovac, Budva

Apartment 67m2 with two bedrooms in the town of Petrovac.

The apartment is located on the fourth floor in a building in the Oliva Village complex of houses on Nerin Street.

Apartment layout: living room combined with kitchen, two bedrooms, bathroom, two terraces.

The apartment is fully furnished and equipped with all necessary appliances.

Internet, city communications, heated floors throughout the apartment, free parking on site.

View of the sea and mountains.

All city infrastructure is within walking distance.

Distance to the sea 800 meters.

The apartment is suitable for both permanent residence and rental.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

196 437 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Petrovac; 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 Petrovac 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 (196 437 $) 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 Petrovac: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).