Flat 86 м² in Petrovac, Montenegro

284 206 $

3 304 $ /м²

4Ofgl

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #1

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #2

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #3

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #4

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #5

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #6

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #7

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #8

Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #9

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Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #12

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Flat 86m² in Montenegro, Petrovac. Priced at 240000€ rent photo- #19

Area

86 м²

Bedrooms

Apartment in Budva. The city is Petrovac.

Prijevorac-Petrovac.
For sale is an 86 m2 apartment, "Lux" class, in the Prijevorac complex, just 7 minutes from Lucica beach. It offers a beautiful view of the sea and olive grove, a spacious terrace, a living room, two bedrooms, two bathrooms (with heated floors), a kitchen set and household appliances, natural parquet flooring, built-in wardrobes, and air conditioning in each room. It also features an armored entrance door, aluminum blinds on the windows with electric drive, aluminum-wood panoramic windows, centralized water and electricity supply, and all finishing materials and plumbing are of Italian manufacture.
The apartment occupies the entire 1/3 of the floor, has a separate entrance, and free parking in front of the house.
Price: 240,000 euros, payment to account.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

284 206 $

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 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 (284 206 $) 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).