Flat 58 м² in Petrovac, Montenegro

176 652 $

3 045 $ /м²

4OckX

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #1

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #2

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #3

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #4

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #5

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #6

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #7

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #8

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #9

Flat 58m² in Montenegro, Petrovac. Priced at 157500€ rent photo- #10

Area

58 м²

Bedrooms

Bathrooms

Year of construction

2017

Apartment in Petrovac

The apartment is located on a private property with a ramp, and it is a well-maintained new building. There is a possibility to park a car. An assembly of tenants was formed in the building. 58 m2 with two bedrooms, parquet flooring in the living room. There is something inside. The building is located in a quiet place in Petrovac and there is no large passage of people next to it, close to the bus station. There is an elevator in the building.

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

176 652 $

Characteristics

Lift

Distance to key points, m

To sea 650

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 (176 652 $) 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).