Flat 36 м² in Herceg Novi, Montenegro

106 003 $

2 944 $ /м²

4Oh9F

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #1

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #2

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #3

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #4

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #5

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #6

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #7

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #8

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #9

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #10

Flat 36m² in Montenegro, Herceg Novi. Priced at 90000€ rent photo- #11

Area

36 м²

Bedrooms

Bathrooms

Year of construction

2010

Apartment in the Topla area

Apartment for sale in one of the most popular areas of Herceg Novi, Topla. Excellent location: all the necessary urban infrastructure - shops, cafes, pharmacies, school, public transport stops - is within walking distance. The sea is only about 500 meters by a convenient pedestrian road.

The total area of the apartment is 36 m2. Planning: hallway, spacious bathroom, separate bedroom, kitchen, combined with the living room, as well as a cozy balcony. The apartment is located on the first high floor, which provides convenient access without tedious climbs, but at the same time creates a feeling of privacy and security.

The facility has its own parking space - an important advantage in the area. The apartment is sold fully furnished and equipped with all the necessary equipment, which allows the new owner to immediately come and live without additional investments.

The documents are absolutely clean. The apartment belongs to the first and only owners, who bought it directly from the developer in 2010 and carefully exploited, came to live only on vacation, a few weeks a year. The apartment was not rented out.

This property is ideal for those who are looking for comfortable housing by the sea for personal use, as well as investors interested in liquid real estate with high rental potential in the resort city.

Additional details

Property type

Residential Properties

Object type

Flat

Price

106 003 $

Distance to key points, m

To sea 500

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 (106 003 $) 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).