Flat 36 м² in Przno, Montenegro

ID 4OdEr

Area: 36 m²
Bedrooms: 1
Bathrooms: 1

Description

Apartment in Budva. City - Pržno

Aparthotel is located in Milocer, one of the most beautiful corners of the Montenegrin coast, the famous “royal” relic park.The building is 280 meters away from the beautiful sandy beach “Pržno” and just a few meters away from Miločer Park and the magical “Royal Beach”, followed by the royal beach “Miločer” and the picturesque hotel town Sveti Stefan, which also has two beautiful beaches.The following apartments are currently available:1. 36 m2 with garden view, - 105,000 euros2. 39 m2 with sea view, - 135,000 euros3. 77 m2 with sea view, - from 251,000 euros (2 apartments).Location: PrznoApartment area: 36-77 sq.m.No. of bedrooms: 1-2No. of bathrooms: 1

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 117 232 $
Land area: 0 m²

FAQ

How can I get a residence permit by buying property in Montenegro?

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Przno; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

Yes. Rental income tax is 5–25% depending on the regime. In Przno short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (117 232 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

A typical transaction runs 30–90 days, averaging 45 in Przno: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).