Flat 30 м² in Petrovac, Montenegro

116 888 $

3 896 $ /м²

4OgEv

Flat 30m² in Montenegro, Petrovac. Priced at 100000€ rent photo- #1

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Flat 30m² in Montenegro, Petrovac. Priced at 100000€ rent photo- #14

Area

30 м²

Bedrooms

Apartment in Budva. Town - Petrovac

description

Cozy studio with sea view in Petrovac - after the repair, no one lived

For sale a stylish studio of 30 m2, located on the 5th floor of a five-storey house.
The apartment is only after fresh renovation - you will be the first tenants! Fully equipped with all the necessary equipment and furniture, you can immediately come and live.

Panoramic view of the sea
- The beach is only 500 meters away. Quiet and green district of Petrovac
- New interior, fresh atmosphere

Ideal option for vacation, rent or as an investment in coastal real estate in Montenegro.

Price 100,000 euros.
Contact us for viewing and details!

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

116 888 $

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 (116 888 $) 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).