Flat 54 м² in Petrovac, Montenegro

178 371 $

3 303 $ /м²

4OdIl

Flat 54m² in Montenegro, Petrovac. Priced at 152600€ rent photo- #1

Flat 54m² in Montenegro, Petrovac. Priced at 152600€ rent photo- #2

Flat 54m² in Montenegro, Petrovac. Priced at 152600€ rent photo- #3

Flat 54m² in Montenegro, Petrovac. Priced at 152600€ rent photo- #4

Flat 54m² in Montenegro, Petrovac. Priced at 152600€ rent photo- #5

Area

54 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Petrovac.

We present to your attention a new complex under construction in the tourist town of Petrovac. The objects will be commissioned in June 2025.The objects are located in one of the best locations in Petrovac, which is connected to other parts of the city, as well as to the main highway in the direction of Budva and Bar. The privacy of this place is reflected in its separation from the city center.Special attention in the design has been paid to achieving a suitable orientation of the apartments to achieve optimal sunlight throughout the year and to meet the requirements of energy efficiency. Each apartment also offers views of the sea or the surrounding olive groves. The highest level of equipment, the implementation of the most modern building systems and technologies, as well as finishing elements will distinguish this complex as a modern housing concept in an attractive location in Petrovac.ELEMENTS OF EQUIPMENTThe final flooring will be parquet of authentic style and the highest quality of workmanship. Interior doors and wood products from renovation manufacturers. Tile of the highest quality and contemporary design. Quality bathroom fixtures and fittings. All final elements of interior decoration can be selected in direct cooperation with the customer, so that the realized project corresponds to the style and requirements of future residents.FLOOR PLANIn the parterre composition, as well as in the cachepot with stuccoed underwalls, a Mediterranean autochthonous is planned

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

178 371 $

Land area

Characteristics

Pool

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 (178 371 $) 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).