Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 56 м² in Petrovac, Montenegro

183 721 $

3 280 $ /м²

4Og6B

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #1

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #2

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #3

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #4

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #5

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #6

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #7

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #8

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #9

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #10

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #11

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #12

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #13

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #14

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #15

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #16

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #17

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #18

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #19

Flat 56m² in Montenegro, Petrovac. Priced at 159000€ rent photo- #20

Area

56 м²

Bedrooms

Bathrooms

Apartment with a large terrace and a plot of land

The apartment is located in Petrovce, 600 meters from the wonderful beach of Lucice, bus station and shops.

Area 56 m2 + terrace 25 m2

Planning - kitchen-living room, 2 bedrooms, bathroom, spacious terrace with sea views and a plot where you can install a frame pool or playground
A quiet area within walking distance to beautiful sandy beaches, perfect for family holidays and renting out

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

183 721 $

Characteristics

Pool

Distance to key points, m

To sea 600

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 (183 721 $) 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).