Flat 24 м² in Herceg Novi, Montenegro

13 024 $

542 $ /м²

4OXuv

Flat 24m² in Montenegro, Herceg Novi. Priced at 10999€ rent photo-

Area

24 м²

Bedrooms

Reinbow 1

We are offering you a small but attractively priced apartment in the residential complex “Reinbow 1”. It is sold with furniture and appliances that you can see on the photo.The total area is 24 square meters. There is no balcony in the studio. It is located on the fifth floor and has a sea view!There are two swimming pools, restaurant, parking lot. Maintenance of common parts of the building will be 12 euros per 1 square meter of space.Hurry! Urgent sale! Only 10999 euros and you become the owner of a property 400 meters from the Black Sea coast!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

13 024 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 400

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 (13 024 $) 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).