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Flat 65 м² in Petrovac, Montenegro

ID 4OgLu
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Area
65 m²
Bedrooms
1
Bathrooms
1
To sea
370 m

Description

One-bedroom apartment with sea views

One bedroom apartment with panoramic sea views in Petrovac.
The area of the apartment is 65 m2. The apartment is on the fourth floor, there is an elevator. Structure: hallway, living room with kitchen and dining area, bedroom, bathroom, terrace. The apartment is sold fully furnished and equipped with the necessary household appliances.
Air conditioning is installed.
In the apartment held fiber optic Internet.
A panoramic view of the sea.
The building is maintained by a management company.
Public parking in front of a residential building. Quiet area, all developed infrastructure in walking distance.
Distance to the sea 370 m.

Characteristics

Property type
Residential Properties
Object type
Flat
Price
168 431 $

Services and facilities

  • Lift
  • Air conditioner
  • Garage/parking

Distance to key points (meters)

To sea
370 m

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 Petrovac; 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 Petrovac 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 (168 431 $) 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 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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Flat with 1 bedroom in Petrovac, Montenegro