Flat 152 м² in Petrovac, Montenegro

514 079 $

3 382 $ /м²

4OdFN

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #1

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #2

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #3

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #4

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #5

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #6

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #7

Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #8

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Flat 152m² in Montenegro, Petrovac. Priced at 450000€ rent photo- #14

Area

152 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Petrovac.

We bring to your attention a rare offer - a very spacious apartment with 3 bedrooms and panoramic views within walking distance from the sea. At hand all the necessary infrastructure - supermarket, pharmacy, bakery, market and, of course, the seafront with many restaurants and cafes.The apartment is new, used it very little. The apartment consists of:- 3 bedrooms,- 3 bathrooms,- a very spacious living room,- kitchen with dining area,- terrace with wonderful sea views.The house has its own parking and elevator.Location: PetrovacApartment area: 152 sq.m.No. of bedrooms: 3No. of bathrooms: 3

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

514 079 $

Land area

Characteristics

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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 (514 079 $) 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).