Flat 50 м² in Petrovac, Montenegro

116 488 $

2 329 $ /м²

4Oe48

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #1

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #2

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #3

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #4

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #5

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #6

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #7

Flat 50m² in Montenegro, Petrovac. Priced at 99000€ rent photo- #8

Area

50 м²

Bedrooms

Apartment in Budva. The city is Petrovac.

One bedroom apartment in Petrovac, with sea view. Urgent sale!

Apartment area - 50 m2

The apartment consists of a living room with a kitchen, a bedroom, a bathroom and a terrace.

Beautiful view of the sea, mountains and city.

Distance to the beach and promenade - 400 meters.

In the immediate vicinity there are shops, cafes, restaurants, bakeries, pharmacies, a school, etc.

The apartment is sold with furniture and household appliances.

An excellent offer for both living and recreation, as well as for renting out an apartment.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

116 488 $

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 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 (116 488 $) 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).