Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 88 м² in Petrovac, Montenegro

348 200 $

3 956 $ /м²

4Ocn1

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #1

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #2

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #3

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #4

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #5

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #6

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #7

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #8

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #9

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #10

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #11

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #12

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #13

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #14

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #15

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #16

Flat 88m² in Montenegro, Petrovac. Priced at 299000€ rent photo- #17

Area

88 м²

Bedrooms

Bathrooms

Duplex with spasious terrace

The apartment is located in Petrovac, 600 meters from the beach Lucice

Apartment area is 88 m2 - kitchen-living room, 2 bedrooms, 2 bathrooms

Located on the third and fourth floors in a four-story building.

The apartment has a terrace on the roof of the building with an area of 114 m2 with a beautiful view of the sea and mountains.

The terrace is equipped with a barbecue area with grill, jacuzzi and summer kitchen.

The apartment is fully furnished and equipped with the necessary appliances, including a dishwasher and an oven in the kitchen.

The floors are natural parquet, the bathrooms are equipped with heated floors. One of the bathrooms has a bathtub, the other has a shower.

The apartment is sold with a garage and storage room

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

348 200 $

Characteristics

Garage/parking

Distance to key points, m

To sea 600

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 (348 200 $) 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).