Flat 63 м² in Petrovac, Montenegro

179 625 $

2 851 $ /м²

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Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #1

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #2

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #3

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #4

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #5

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #6

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #7

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #8

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Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #11

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #12

Flat 63m² in Montenegro, Petrovac. Priced at 154000€ rent photo- #13

Area

63 м²

Bedrooms

Apartment in Budva. Town - Petrovac

Description

Rareness in the market! Designer apartment with 2 bedrooms and sea views in Petrovac

Modern, dry and very cozy apartment with author's repair, in a quiet green area of the resort town of Petrovac.
Cadaster area - 63 m2 + terrace 10 m2, shingle apartment, with garden furniture and large sizes.
South side, direct sea view!

Premium house, just 5 minutes walk from the beach, the promenade and the Voli store. Chamber location - strangers do not walk around olive groves, there is always a parking lot, you can fry kebabs. In the city - school, garden, music hall, sports sections and stadium.

Inside:
- Author's design and paintings
- Complete appliances: 55" TV, dishwasher, built-in kitchen, washing machine, 2 air conditioners, etc.
- Comfortable furniture, lots of storage spaces Suitable for a large family

Ideal for living and rent:
Income from 100 € / day or 1500 € / month.
Clean documents, without encumbrances. One owner.

Price: 154,000 euros

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

179 625 $

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 (179 625 $) 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).