Flat 29 м² in Herceg Novi, Montenegro

15 597 $

537 $ /м²

4OXhJ

Flat 29m² in Montenegro, Herceg Novi. Priced at 13500€ rent photo-

Area

29 м²

Bedrooms

Gerber 3

For sale apartment in “Gerber 3”. The total area of the studio is 29 square meters, located on the first floor. The apartment is sold without furniture, so you can realize your design ideas. There is a qualitative repair.The complex has a playground, a large swimming pool with a special area for small children. The territory is guarded all year round and has parking spaces for personal cars of the owners.The area in which the house is built, is only ten minutes from the coastline of the sea, nearby there are stores and public transport stops, which is certainly a plus of such a quiet and peaceful place.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

15 597 $

Location

By the Sea

Characteristics

Pool

Distance to key points, m

To sea 450

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 (15 597 $) 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).