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Flat 66 м² in Petrovac, Montenegro

192 865 $

2 922 $ /м²

4OcoW
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Area

66 м2

Bedrooms

3

Bathrooms

1

Three bedroom apartment in the complex

The apartment is located in the famous Petrovac bay complex in the very center of Petrovac, 350 meters from the sea

Convenient location, close to shops, pharmacy, beaches easily accessible on foot

Thanks to the management company, the complex ensures cleanliness, safety of the territory and care of your property in your absence - cleaning, rental, security

Area 66 m2, 4th floor (the building has an elevator)

Layout - kitchen-living room, 3 bedrooms, bathroom and terrace with a small sea view

The complex includes a swimming pool, recreation area, secure parking

Services and facilities

Lift
Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

192 865 $

Characteristics

Lift
Pool

Distance to key points, m

To sea 350

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 (192 865 $) 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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