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Flat 82 м² in Herceg Novi, Montenegro

888 370 $

10 833 $ /м²

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Area

82 м2

Bedrooms

1

Bathrooms

2

Apartment in Herceg Novi. City - Herceg Novi

In the heart of Boka Kotor Bay, with love and respect for Montenegro's nature and history, world-renowned architects have worked together to create the dreamy Portonovi, a resort offering all the amenities you could wish for. Magnificent Mediterranean-style homes await their new owners, with sea and mountain views in spacious interiors with luxurious finishes, energy-efficient technology and extreme attention to detail.Discover our carefully selected portfolio of luxury properties in Portonovi, from Village Residencies, the comfortably designed The Marina Apartments, luxurious Sky Villas and One&Only private homes.Please note this 1-bedroom apartment of 82 m2, which includes a living room with kitchenette, bedroom, 2 bathrooms and 2 terraces with wonderful views of the main square of Porto Novi.

Additional details

Property type

Residential Properties

Object type

Flat

Price

888 370 $

Land area

0

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (888 370 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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