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Flat 46 м² in Petrovac, Montenegro

139 824 $

3 039 $ /м²

4Oiw7
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Area

46 м2

Bedrooms

1

Bathrooms

1

Apartment with one bedroom in Petrovets

Apartment with one bedroom in Petrovets
We offer for sale a cozy one-bedroom apartment in a quiet and green area of Petrovets - one of the most comfortable resorts of the Budva Riviera. The apartment is located on the 2nd floor of a residential building and has an area of 46 m2.
Recently overhauled, so that the apartment is fully ready for living and does not require additional investments.
The planning includes a bright living room with a kitchen area, a separate bedroom, a bathroom and a terrace.
From the apartment there is a small view of the sea, which creates a pleasant atmosphere for relaxation.
Petrovac is famous for its calm atmosphere, clean beaches, promenade and developed infrastructure. In walking distance there are shops, cafes, restaurants and everything necessary for a comfortable life.
This apartment will be an excellent option both for your own vacation and permanent residence, and for investment for subsequent rental.

Additional details

Property type

Residential Properties

Object type

Flat

Price

139 824 $

Distance to key points, m

To sea 900

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Petrovac; 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 Petrovac 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 (139 824 $) 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 Petrovac: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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