Flat 37 м² in Herceg Novi, Montenegro

29 650 $

801 $ /м²

4OXtF

Flat 37m² in Montenegro, Herceg Novi. Priced at 26000€ rent photo-

Area

37 м²

Bedrooms

Reinbow 3

Charming studio for 25 000 euros in “Rainbow 3”, Sunny Beach. The apart-hotel is part of the vacation complexes of the same name chain, which has established itself as original, stylish complexes for summer vacation with a full infrastructure. Inside offers a lot of entertainment: swimming pools, barbecue bar, mini golf, children's playground and so on. Excellent location in the area of Cocoa Beach guarantee the interest of tourists in the case of renting, and a reasonable distribution of space allows you to accommodate even three people. The studio is located on the third floor. The total area is 42 square meters. The support tax is about 350 euros per year.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

29 650 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 350

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 (29 650 $) 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).