Flat 62 м² in Herceg Novi, Montenegro

179 356 $

2 892 $ /м²

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Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #1

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #2

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #3

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #4

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #5

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #6

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #7

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #8

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #9

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #10

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #11

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #12

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #13

Flat 62m² in Montenegro, Herceg Novi. Priced at 157000€ rent photo- #14

Area

62 м²

Bedrooms

Bathrooms

Year of construction

2010

Apartment in Topla, with two bedrooms

Apartment in the district of Topla, location in the center of city life!

Area of 62 m2
Third floor, attic, high ceilings.

Planning:
Two bedrooms,
Bathroom,
Living room, kitchen
Large terrace

To the sea about 500 meters, you can walk to the embankment in just 5 minutes. Nearby there are shops, schools, public transport stops, the main city hospital

Additional details

Property type

Residential Properties

Object type

Flat

Price

179 356 $

Distance to key points, m

To sea 500

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (179 356 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).