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Flat 90 м² in Petrovac, Montenegro

216 243 $

2 402 $ /м²

4OdHj
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Area

90 м2

Bedrooms

3

Bathrooms

2

Apartment in Budva. The city is Petrovac.

A 3-bedroom apartment with a sea view is for sale in the town of Petrovac, within walking distance to the sea, the city center, and all amenities - about 600 meters to the waterfront. The total area of the apartment is 90 sq.m, located on the second floor of a 4-story building (without an elevator). There are plenty of free parking spaces near the building. The layout includes an entrance hall, three bedrooms, a spacious living room with a kitchen area, two bathrooms, and two terraces - one of which has a wonderful sea view. The apartment is fully furnished and equipped with household appliances. An excellent offer for living or vacationing.

Services and facilities

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Additional details

Property type

Residential Properties

Object type

Flat

Price

216 243 $

Land area

0

Characteristics

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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 (216 243 $) 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).

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