Flat 53 м² in Petrovac, Montenegro

124 429 $

2 347 $ /м²

4Of0E

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #1

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #2

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #3

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #4

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #5

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #6

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #7

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #8

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #9

Flat 53m² in Montenegro, Petrovac. Priced at 105000€ rent photo- #10

Area

53 м²

Bedrooms

Apartment in Budva. The city is Petrovac.

Apartment for sale in Petrovac – an ideal place to live and relax!
Basic information:
• Price: 105,000 euros
• Area: 53 m² (43 m² according to documents + balcony and terrace)
• Bedrooms: 1
• Bathrooms: 1
• Year of construction: 2009
• Distance to the sea: 500 m (6 minutes walk)
Description of the apartment:
Cozy apartment with a separate bedroom and a spacious terrace in a picturesque area of Petrovac, surrounded by a pine forest.
• Terrace: Large terrace with views of the pine forest and the sea – an ideal place for relaxation and barbecue.
• Living room: Bright living room with corner kitchen and access to the terrace.
• Bedroom: Cozy bedroom with air conditioning and a small balcony.
• Bathroom: Spacious bathroom with bathtub and window.
• Interior: Natural parquet flooring, the apartment is sold with furniture and appliances.
About the house and the area:
The apartment is located on the second level of a small four-story building. Cozy and quiet area, surrounded by greenery. Parking is available near the house.
Location:
The sea is only 500 meters away – a pleasant walk will take no more than 6 minutes. A great place to relax or live on the coast of Montenegro.
Contact us to find out more or arrange a viewing!
Price: 105,000 euros – an ideal offer in Petrovac!

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

124 429 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Petrovac; 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 Petrovac 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 (124 429 $) 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 Petrovac: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).