Property Abroad

Montenegro

Herceg Novi

Igalo

Flat

Flat 53 м² in Igalo, Montenegro

75 071 $

1 416 $ /м²

4OdxR

Flat 53m² in Montenegro, Igalo. Priced at 64000€ rent photo- #1

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Area

53 м²

Bedrooms

Apartment in Herceg Novi. City - Igalo

Description

Apartments for sale in a new residential building in Igalo, located on the Adriatic coast.

The house has an excellent location: a quiet, peaceful area, 5 minutes walk to the nearest beach, all the infrastructure necessary for a comfortable stay is nearby. The terraces offer beautiful views of the sea.

Number of storeys: landing – 1st floor – roof-attic

The house has 11 apartments: 1 studio and 10 apartments with 1 bedroom, ranging from 49 ^m2 to 60 ^m2 .

All apartments have a modern layout, furnished and ready to move into. An excellent option for living, summer holidays away from noisy discos on the sea, or for renting out.

Studio 49 m2 - 63,700 euros

Apartment with 1 bedroom 57 m2 - 741, 000 euros

Apartment with 1 bedroom 1st 53 m2 - 65835 euros

Apartment with 1 bedroom and large terrace 59 m2 + 54 m2 (terrace) total 113 m2 - 106,020 euros

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

75 071 $

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 Igalo; 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 Igalo 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 (75 071 $) 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 Igalo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).