Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 46 м² in Petrovac, Montenegro

198 664 $

4 318 $ /м²

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Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #1

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #2

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #3

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #4

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #5

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #6

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #7

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #8

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #9

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #10

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #11

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #12

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #13

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #14

Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #15

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Flat 46m² in Montenegro, Petrovac. Priced at 177000€ rent photo- #20

Area

46 м²

Bedrooms

Apartment in Budva. Town - Petrovac

description

For sale cozy apartment 46 m2 in Petrovac
Price: 177.000 euros

Fullly legalized, without encumbrances.
Comprehensive restoration completed in 2022 - made according to the author's design project with a full set of drawings.

Planning:
* 2 rooms (bedroom + living room)
* Kitchen-dining room
* Bathroom
* Spacious terrace 8 m2
* Separate entrance and patio with barbecue area and prolific grapefruit
* 2 storage rooms for household needs

In the interior - antique and custom-made furniture, vintage dishes, new engineering communications and equipment.

View of the forest, yard and sea. Southwest side.
Parking at home
Heating: electric radiators, warm floor, air conditioning
City water and sewerage
Household appliances: washing machine, oven, cooking panel, refrigerator, TV

To the city beach and Lucica - on foot
Airports: Tivat - 40 km, Podgorica - 50 km

Ideal for a comfortable life of 1-2 people or renting - high investment attractiveness.
In walking distance: cafes, pharmacies, shops, bus station and natural attractions.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

198 664 $

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 (198 664 $) 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).