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Flat 50 м² in Herceg Novi, Montenegro

113 381 $

2 267 $ /м²

4Oco6
Share:

Area

50 м2

Bedrooms

1

Bathrooms

1

Year of construction

1982

Apartment in Topla with a beutiful seaview

Apartment for sale in the Topla area with magnificent sea views. The apartment is located in an eight-story building on the top floor. The house has an elevator. One bedroom located under the roof, living room, kitchen, bathroom and terrace. Total area 50 m2, bedroom 10 m2. There is also a storage room which is located outside the apartment

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

113 381 $

Characteristics

Lift

Distance to key points, m

To sea 800

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 (113 381 $) 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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