Area
47 м2
Bedrooms
1
Apartment in Ulcinj. City - Ulcinj
description
Apartment with 1 bedroom and beautiful views, in a new complex under construction in Ulcinj, Pinesh district.
Area - 47.44 m2
The apartment consists of a corridor, living room with kitchen, bedroom, bathroom and terrace.
The terrace offers beautiful views of the sea and mountains, or the city and mountains.
Spacious parking next to the house.
Shops, cafes, etc. are within walking distance.
Distance to the beach - 20 minutes on foot or 5 minutes by car.
Completion of construction July 2025.
Installment payments -
First payment - 40% upon signing the contract;
Second installment - 40% until the end of 2024;
The third payment is after the delivery of the object and receipt of the key.
Buyer does not pay 3% tax on purchase.
Price -
apartment with mountain and city views - 71,160 euros;
apartment with sea and mountain views - from 75904 depending on the floor.
Additional details
Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
83 227 $
FAQ
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ulcinj; 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 Ulcinj 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 (83 227 $) 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 Ulcinj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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