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Flat 105 м² in Petrovac, Montenegro

210 398 $

2 003 $ /м²

4OezA
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Area

105 м2

Bedrooms

2

Apartment in Budva. The city is Petrovac.

Description

Apartment in the complex "Oliva" with two bedrooms, Petrovac

Key parameters

  • Location: Petrovac, complex "Oliva"
  • Property type: apartment
  • Property type: secondary
  • Area: 105 m²
  • Number of bedrooms: 2
  • Number of bathrooms: information not provided
  • Price: 180,000 euros (reduced, part of the view is blocked by another house)

Additional options

No information provided.

Furniture and household appliances

A spacious and comfortable two-bedroom apartment in the Oliva complex in Petrovac is for sale. The area of the apartment is 105 m², the price has been reduced to 180,000 euros due to the fact that part of the view is blocked by a neighboring house. The apartment is suitable for both permanent residence and for a holiday on the Adriatic coast. The convenient location of the complex provides access to all the necessary infrastructure and makes housing an excellent option for a family.

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

210 398 $

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 (210 398 $) 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).

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