Flat 50 м² in Igalo, Montenegro

138 660 $

2 773 $ /м²

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Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #1

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #2

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #3

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #4

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #5

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #6

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #7

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #8

Flat 50m² in Montenegro, Igalo. Priced at 120000€ rent photo- #9

Area

50 м²

Bedrooms

Bathrooms

Apartment in the attractive area of Igalo

Apartment for sale in the attractive area of Igalo.

The apartment is located on the second floor of a three-story building. Outside there is an area, part of which can be purchased for personal use and made into a garden or barbecue area.

Living area 50 m2. Layout: entrance hall, living room-bedroom, kitchen, bathroom and terrace overlooking the sea. The apartment is lived-in, furnished three years ago, sold with furniture and appliances, no investment required.
There is free parking nearby, a 5-minute walk to cafes, shops and the Igalo promenade, with the best beaches of Herceg Novi. 350 meters to the sea. There is also a bus stop nearby.

Legal documents.

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

138 660 $

Characteristics

Furniture

Distance to key points, m

To sea 350

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 (138 660 $) 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).