Flat 125 м² in Igalo, Montenegro

298 375 $

2 387 $ /м²

4OgO2

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #1

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #2

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #3

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #4

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #5

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #6

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #7

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #8

Flat 125m² in Montenegro, Igalo. Priced at 260000€ rent photo- #9

Area

125 м²

Bedrooms

Bathrooms

Floor of the house with a plot near the sea

The property is located 200 meters from the sea, in the center of Igalo, in close proximity to the Light House Hotel and the Dr. Simo Milosevic Institute, the main city kindergarten, Idea and Aroma shopping centers.
86 m2 area (apartment with 3 bedrooms and 2 bathrooms) +39 m2 commercial space + 11.5 m2 garage + 44 m2 terrace

The apartment owns a plot of 193.5 m2

The first floor of a three-storey private house
The object is suitable for year-round living and / or renting housing to tourists - located on the main street for renting housing to tourists in the season.

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

298 375 $

Characteristics

Garage/parking

Distance to key points, m

To sea 200

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Igalo; 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 Igalo 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 (298 375 $) 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 Igalo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).