Flat 40 м² in Herceg Novi, Montenegro

20 589 $

514 $ /м²

4OXAG

Flat 40m² in Montenegro, Herceg Novi. Priced at 17604€ rent photo-

Area

40 м²

Bedrooms

Luck

1-, 2-room apartments with an area of 30 to 67 sq.m. with turnkey finishing are for sale in a new complex.

The five-story resort complex is located in Sunny Beach resort and is located in the southern part of the resort, 600 m from the coastline.

The complex was completed in July 2013

The complex management company, if desired by the client, rents out apartments.

1. Payment of 50% upon signing the preliminary contract
2. Payment of 50% by agreement.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

20 589 $

Location

By the Sea

Characteristics

Pool

Distance to key points, m

To sea 600

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 (20 589 $) 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).