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Flat 63 м² in Krimovica, Montenegro

107 914 $

1 712 $ /м²

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Area

63 м2

Bedrooms

1

Apartment in Kotor. City - Krimovica

Description

Sales €92,000

Krimovica, Montenegro. Apartment in the suburbs of Budva with magnificent views of the sea and the Riviera. Area 63 m2.

Floor 0. Large terrace with vineyards. In the courtyard there is a recreation area with a grill and a table.

Ideal for you if you are looking for a quiet neighborhood. Trsteno Beach is 1.6 km away. Budva is 8 km away.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

1

Object type

Flat

Price

107 914 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Krimovica; 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 Krimovica 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 (107 914 $) 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 Krimovica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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