Property Abroad

Montenegro

Budva

Przno

Flat

Flat 160 м² in Przno, Montenegro

625 896 $

3 911 $ /м²

4OgCU

Flat 160m² in Montenegro, Przno. Priced at 535000€ rent photo- #1

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Area

160 м²

Bedrooms

Apartment in Budva. City - Przno

description

Penthouse with 3 bedrooms and panoramic sea views

Przno, Budva Riviera
Price: 565,000 euros

The perfect combination of luxury, comfort and beauty of nature!
A magnificent penthouse with amazing panoramic views of the sea, mountains and the charming fishing village of Przno. Just a 5-minute walk from one of the most beautiful beaches in Montenegro and Milocer Park.

The main characteristics:
• Apartment area: 160 m2
• Parking: Near the house, the possibility of buying a place in an underground garage

Planning:
•Planning room
• Spacious living room with kitchen and access to the view terrace
• 2 bedrooms with access to the terrace, each with its own bathroom
• 3rd bedroom
• 3rd bathroom
• dressing room

A bright and sunny apartment designed to enjoy life!

Magnificent location:
• 5 minutes walk to Milocer Park and the beach
• Nearby: School, kindergarten, SPA pool of the Maestral Hotel, gym, shops, restaurants, tennis courts
• To Budva: 8 minutes by car
• To Petrovac: 15 minutes by car
To Bar: 35 minutes by car
Tivat Airport: 35 minutes by car

Excellent choice for both comfortable permanent residence and unforgettable holiday!

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

625 896 $

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 (625 896 $) 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).