Flat 36 м² in Herceg Novi, Montenegro

15 394 $

427 $ /м²

4OXaI

Flat 36m² in Montenegro, Herceg Novi. Priced at 13000€ rent photo-

Area

36 м²

Bedrooms

Fort Garden Orchid

For sale inexpensive studio in the greenest complex of Sunny Beach “Orchid Fort Garden”. The complex is great for children, as there is a closed fenced area with year-round security, many swimming pools with children's fountains and water slides, playgrounds with swings and tourniquets. For adults there are restaurants, bars, golf course, tennis courts, bike and car rental.The beach is 900 meters away. There are grocery stores in the complex itself, but opposite there is also a year-round supermarket “M.M” and vegetable bazaars with attractive prices.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

15 394 $

Location

By the Sea

Characteristics

Pool

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 (15 394 $) 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).