Flat 110 м² in Petrovac, Montenegro

232 971 $

2 117 $ /м²

4OdHk

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #1

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #2

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #3

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #4

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #5

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #6

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #7

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #8

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Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #10

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #11

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #12

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Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #14

Flat 110m² in Montenegro, Petrovac. Priced at 200000€ rent photo- #15

Area

110 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Petrovac.

An excellent apartment with a sea view is for sale in the resort town of Petrovac, within walking distance to the sea, the city center, and all necessary infrastructure. The total area, including terraces, is 110 sq.m, located on the 4th floor of a quality building with an elevator and private grounds. The building has its own parking and garages. The layout includes an entrance hall, two bedrooms, a spacious living room with a kitchen area and a fireplace, two bathrooms, and two terraces—one of which is 31 sq.m. The apartment is fully furnished and equipped with household appliances. A great offer for living or vacationing.

Services and facilities

Lift

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

232 971 $

Land area

Characteristics

Lift

Garage/parking

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 (232 971 $) 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).