Flat 198 м² in Herceg Novi, Montenegro

1 565 524 $

7 906 $ /м²

4OdIF

Flat 198m² in Montenegro, Herceg Novi. Priced at 1335000€ rent photo- #1

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Area

198 м²

Bedrooms

Bathrooms

Apartment in Herceg Novi. City - Herceg Novi

In the heart of Boka Kotor Bay, with love and respect for Montenegro's nature and history, world-renowned architects have worked together to create the dreamy Portonovi, a resort offering all the amenities you could wish for. Magnificent Mediterranean-style homes await their new owners, with sea and mountain views in spacious interiors with luxurious finishes, energy-efficient technology and extreme attention to detail.Discover our carefully selected portfolio of luxury properties in Portonovi, from Village Residencies, the comfortably designed The Marina Apartments, luxurious Sky Villas and One&Only private homes.Please note this 2-bedroom apartment of 198 m2 which includes a living room with kitchenette, 2 bedrooms, 2 bathrooms and a terrace with beautiful sea and marina views. The internal area of the apartment is 155 m2 and the terraces are 43 m2.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 565 524 $

Land area

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 (1 565 524 $) 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).