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House 199 м² in Petrovac, Montenegro

376 527 $

1 892 $ /м²

4Oeyj
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Area

199 м2

Bedrooms

3

House in Budva. The city is Petrovac.

Modern, new house with a panoramic sea view in Petrovac. House area - 199 m2 (117 m2 + 82 m2 terrace). Plot area - 300 m2. House structure - 1st floor - entrance, corridor, utility room (laundry and storage room), stairs to the second floor; 2nd floor - living room with kitchen, two bedrooms, bathroom, access to the garden and terrace; 3rd floor - bedroom with open space for wardrobe, bathroom, toilet. The bathrooms have underfloor heating. Each room has air conditioning. Entry to the territory where the house is located is through an automatic barrier. On the ground floor, there are two garages, and there is also a parking space for one more car. The windows and terraces of the house offer a fantastic panoramic view of the sea and Petrovac. The house is sold complete with furniture and appliances. A quiet and peaceful place not far from the center of Petrovac, for comfortable rest and living.

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

House

Price

376 527 $

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 (376 527 $) 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).

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