Flat 43 м² in Herceg Novi, Montenegro

20 797 $

483 $ /м²

4OXrc

Flat 43m² in Montenegro, Herceg Novi. Priced at 18000€ rent photo-

Area

43 м²

Bedrooms

Stella Polaris

For sale inexpensive and very cozy studio in the complex “Stella Polaris”. It is located on the first floor. The apartment is quite spacious, the total area is 43 square meters.On the territory there is a swimming pool, umbrellas and sun beds. You can always find free parking spaces.Walking distance to the sea will be about seven minutes, in walking distance there is a fitness center, grocery store, bus stop.Call us on the specified phone numbers, because this offer is on sale only until the end of September 2017!!!

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

20 797 $

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 (20 797 $) 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).