Flat 38 м² in Herceg Novi, Montenegro

18 596 $

489 $ /м²

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Flat 38m² in Montenegro, Herceg Novi. Priced at 15900€ rent photo-

Area

38 м²

Bedrooms

Côte d'Azur

Cute and affordable studio in a stylish aparthotel “Cote'd Azure” in the central part of Sunny Beach.“Cote'd Azure” is located 450 meters from the sea with the widest beach strip. The neighborhood is well landscaped. All the services provided by the infrastructure of the resort: supermarkets, stores, restaurants with national and European cuisine, bakeries, cafes, pharmacies, currency exchange offices, ATMs, bus stops, car rentals, etc. are within easy reach.The spacious studio with total area of 37,99 sq.m. is located on the second floor of the five-storey building of the complex. The view from the balcony opens to the neat swimming pool located on the territory of the complex and green natural vegetation.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

18 596 $

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 (18 596 $) 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).