Property Abroad

Montenegro

Herceg Novi

Igalo

Flat

Flat 35 м² in Igalo, Montenegro

72 109 $

2 060 $ /м²

4OX1x

Flat 35m² in Montenegro, Igalo. Priced at 60850€ rent photo-

Area

35 м²

Bedrooms

Prestige Fort Beach

Apartments on the Black Sea resorts in an exclusive complex from the largest developer on the Sunny Beach resort. The sea surrounds from all sides, the view from the terraces of most apartments is like from the deck of a ship in the open sea. The unique first line and convenient location (2 km to the center of Sunny Beach) make the complex a wonderful investment, guaranteed and risk-free.

The complex consists of 215 apartments (studios, 1-, 2-, 3- and 4-room). Options are available for combining luxurious three-room apartments with a frontal sea view with an adjacent small garsoniere for guests.

For the owners there is a rich infrastructure available:
• ideal for swimming 30-meter pool
• jacuzzi, children's pool
• gym
• sauna, massage
• restaurant with a cozy summer terrace and a hall with internet access
• tennis court, football field
• recreation area, children's playgrounds
• minimarket
• 24-hour service (any work in the apartment, currency exchange, car rental, etc.)
• parking
• 24-hour security

The complex is intended for year-round living. The external walls of the buildings are insulated with a 4 cm layer of hydrothermal insulation BAUMIT. The construction is monolithic, using modern "dry" construction technologies, with guaranteed high quality materials. Internal walls and ceilings are lined with plasterboard. Finishing work in all apartments is done using the best high-quality materials.

Apartment characteristics:
Hallway: floor - ceramic floor tiles
- walls - exclusive textured wallpaper
- ceiling - latex paint
Bathroom: floor - ceramic floor tiles
- walls - ceramic tiles
- suspended ceiling
- electric water heater
- sanitary ware: toilet, sink, shower cabin (apartments with two bathrooms have one equipped with a bath, the other with a shower cabin)
- furniture and accessories (shelves, mirror, etc.)

Living/Bedroom: floor - laminate
- walls - exclusive textured wallpaper
- ceiling - latex paint
- air conditioner (winter-summer) - in each room
- PVC windows
Kitchenette: floor - ceramic floor tiles
- walls - exclusive textured wallpaper
- ceiling - latex paint
Terrace: floor - ceramic granite
- walls - mineral paint.

Internal doors - MDF, external doors - metal with decorative coating. There is the possibility of connecting cable TV, telephone, internet.

Possible installment payments up to five years! Interest-free installment payments up to one year! 2% discount for 100% payment!

Payment scheme: 40% of the apartment cost is paid in four installments over 9 months:

10% upon signing the Preliminary Agreement;

10% after 3 months from the 1st payment;

10% after 3 months from the 2nd payment;

10% after 3 months from the 3rd payment;

remaining 60% of the cost - installment plan without the participation of the bank, according to the developer's agreement:

for installment payments from 2 to 3 years from the date of the contract - an increase of 5.2% per annum

for installment payments from 4 to 7 years from the date of the contract - an increase of 9.7% per annum

Payments on installment are made quarterly or semi-annual contributions.
Maintenance fee - 13.20 Euro with VAT per sq.m.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

72 109 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 50

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Igalo; 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 Igalo 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 (72 109 $) 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 Igalo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).