Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 85 м² in Petrovac, Montenegro

255 507 $

3 005 $ /м²

4OdFZ

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #1

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #2

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #3

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #4

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #5

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #6

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #7

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #8

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #9

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #10

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #11

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #12

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #13

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #14

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #15

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #16

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #17

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #18

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #19

Flat 85m² in Montenegro, Petrovac. Priced at 220000€ rent photo- #20

Area

85 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Petrovac.

Exclusive apartment with 2 bedrooms in a house with swimming pool in 5 minutes to the beach in Petrovac. In walking distance to all necessary infrastructure.The apartment is located on the 1st floor and consists of 2 bedrooms, living room with kitchen and dining area, bathroom and a terrace of 25 m2. The apartment has a parking space in front of the house and a garage of 20 m2 (garage is purchased separately for 20,000). Underfloor heating, furniture of well-known brands B&B, PEDRALI, NATUZZI ITALIA, Artemide, Calligaris, Franke, Elica, SOFT LINE, Miotto, Paragon Glam, JBL.Location: PetrovacApartment area: 60+25 sq.m.No. of bedrooms: 2Number of bathrooms: 1

Services and facilities

Pool

Garage/parking

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

255 507 $

Land area

Characteristics

Pool

Garage/parking

Furniture

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 (255 507 $) 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).