Flat 29 м² in Herceg Novi, Montenegro

16 578 $

571 $ /м²

4OXt8

Flat 29m² in Montenegro, Herceg Novi. Priced at 14000€ rent photo-

Area

29 м²

Bedrooms

Gerber 2

For sale is an inexpensive apartment in the complex “Gerber 2”. It is equipped with good furniture and appliances. All appliances are in working condition. The studio is located on the first floor, the total area is 29 square meters. It is quite suitable for a vacation for two adults and a small child.On the territory there is a swimming pool, playground, parking lot. Security is on duty around the clock. Nearby is the office of the property manager, where you can solve issues with internet or TV.Support tax is 10 euros per 1 sq.m. per year. Distance to the beach is about 450 meters.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

16 578 $

Location

By the Sea

Characteristics

Furniture

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 (16 578 $) 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).