Property Abroad

Montenegro

Budva

Przno

Flat

Flat 50 м² in Przno, Montenegro

111 478 $

2 229 $ /м²

4Ofd2

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #1

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #2

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #3

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #4

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #5

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #6

Flat 50m² in Montenegro, Przno. Priced at 96000€ rent photo- #7

Area

50 м²

Bedrooms

Apartment in Budva. City - Przno

One bedroom apartment in a new complex in Przno, Budva Riviera.

Square - 50 sq.m.

2nd floor (there is an elevator)

Living room combined with kitchen, bedroom, bathroom, two terraces.

High quality materials.

Distance to the sandy beach - 400 meters.

Milocer Park - 750 meters.

Calm place, beautiful view from the window.

Parking place - 15,000 euros

Calculation of profitability

Liquidity calculation:

Lease 70 euros/day. Maximum workload of 70 days per season. Yields in season 4900. Booking expenses 15%

Yield after minus Booking 4165 euros.

Possible monthly delivery is not in season for 350 euros per month for 8 months. Income per year = 2,800 euros. Total for the year: 6965 euros.

Costs for the purchase and maintenance of 84000+400(annual tax+tax)+280(CC)=84680>

Payback period 84680 euros/6965 = 12.1 years. Profitability 6965*100/84680 = 8.2%

Calculations are given for 2022-2023.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

111 478 $

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 (111 478 $) 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).