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Flat 40 м² in Przno, Montenegro

128 984 $

3 224 $ /м²

4Oe46
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Area

40 м2

Bedrooms

1

Apartment in Budva. City - Pržno

1 bedroom apartment, in a complex with a swimming pool in Przno, just 300 meters from Milocer beach. Area - 40 m2. The apartment consists of a living room with kitchen, bedroom, bathroom and terrace. The apartment is located in a complex with a swimming pool, just 8 minutes walk from one of the most beautiful Montenegrin beaches, Milocer. Near the complex, there is one of the best hotels in Montenegro - Maestral, which features an indoor pool, spa, restaurant, and casino. In the immediate vicinity, there are shops, restaurants, cafes, a school, a kindergarten, a spa, etc. Parking is next to the house, and it is possible to purchase a space in the garage. The apartment is sold fully furnished and equipped with appliances. The owner is also selling an identical neighboring apartment in the same complex (40 m2 - 115,000 euros). An excellent offer, both for permanent residence and for renting out an apartment.

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

128 984 $

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 Przno; 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 Przno 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 (128 984 $) 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 Przno: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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