Main Countries Buy Rent

Flat 49 м² in Petrovac, Montenegro

140 265 $

2 862 $ /м²

4Ofh5
Share:

Area

49 м2

Bedrooms

1

Apartment in Budva. The city is Petrovac.

description

Sale of apartment in Petrovac.

Complex with pool "Oliva Village"
We offer you a cozy 1-bedroom apartment in one of the most picturesque corners of Petrovac. The complex is located in the quiet upper part of the city, which will give you peace, privacy and chic views of the mountains and olive groves.

Location
Only 7 minutes walk to the sea and the embankment, where restaurants, cafes and shops are located.

About the apartment:
Area: 49 sq.m
Floor: 2 (the building is equipped with an elevator)
Planning:
Spacious kitchen-living room (30 sq.m)
Repair and equipment:
Vacation quality repair, apartment fully furnished
• Bedroom: double bed, bedside tables, dresser, wardrobe
• Kitchen: modern furniture, built-in appliances (including dishwasher), area for tea drinking
Living room: folding sofa, coffee table, TV, air conditioning
• Bathroom: shower, washing machine, boiler

Complex: Dop>ing for residents

>>>>>!

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

140 265 $

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 (140 265 $) 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).

Related sections