Flat 60 м² in Herceg Novi, Montenegro

47 680 $

794 $ /м²

4OXUo

Flat 60m² in Montenegro, Herceg Novi. Priced at 40235€ rent photo-

Area

60 м²

Bedrooms

Rome Palace

We are pleased to introduce you to a new complex in the central part of Sunny Beach called "Rom Palace".
Its unique location makes the complex even more attractive. Shops, restaurants, pharmacies, bus stops, souvenir shops, and much more are within walking distance.
The cleanest and widest Cocoa Beach is located 100 meters from the complex. The highest quality materials were used in construction.
An ideal option for both seasonal vacation and year-round living.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

47 680 $

Location

By the Sea

Distance to key points, m

To sea 100

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 (47 680 $) 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).