Flat 75 м² in Herceg Novi, Montenegro

29 012 $

386 $ /м²

4OXY9

Flat 75m² in Montenegro, Herceg Novi. Priced at 24500€ rent photo-

Area

75 м²

Bedrooms

Prima 1

Two bedroom apartment at an affordable price for only 24 500 Euro!We offer you a large apartment, which is located on the first floor in the complex “Prima 1”. It consists of two bedrooms, living room, bathroom and balcony.Infrastructure of the complex:- fitness- swimming pool- restaurant- children's playground- security and parking.Sunny Beach is currently the most popular seaside resort in Bulgaria. It is famous for its infrastructure, many entertainment facilities and hotels, and most importantly, it is awarded with a certificate for the quality of beaches and water purity.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

29 012 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 700

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (29 012 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).