Flat 42 м² in Herceg Novi, Montenegro

22 015 $

524 $ /м²

4OXsk

Flat 42m² in Montenegro, Herceg Novi. Priced at 18900€ rent photo-

Area

42 м²

Bedrooms

Reinbow 2

Spacious studio in Rainbow 2 complex in Kakao Beach, Sunny Beach. The infrastructure of the complex allows you to provide full employment of vacationers on the territory of the apart-hotel: swimming pools, mini golf, grill-bar, tents and sun loungers, playgrounds for children and so on.Good layout with separated kitchen and sleeping areas. Despite the small size of the apartment itself, there is no sense of cramped space. The furniture is placed functionally and every meter is used wisely.The old town of Nessebar is only a few stops away from the complex. Walking to the cozy and atmospheric streets will take about 20 minutes. At arm's length is the well-publicized Kakao Beach with party bars and the best discos in the resort.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

22 015 $

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 (22 015 $) 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).