Flat 120 м² in Herceg Novi, Montenegro

1 508 894 $

12 574 $ /м²

4OdIE

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #1

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #2

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #3

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #4

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #5

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #6

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #7

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #8

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #9

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #10

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #11

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Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #14

Flat 120m² in Montenegro, Herceg Novi. Priced at 1350000€ rent photo- #15

Area

120 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 120 m2 which includes a living room with kitchenette, 2 bedrooms, 2 bathrooms and a terrace with beautiful sea and marina views.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 508 894 $

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 (1 508 894 $) 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).