Flat 73 м² in Herceg Novi, Montenegro

34 970 $

479 $ /м²

4OXZM

Flat 73m² in Montenegro, Herceg Novi. Priced at 29900€ rent photo-

Area

73 м²

Bedrooms

Prima 1

A two bedroom apartment for resale in the gated complex “Prima 1”, which is located in the southern part of the popular resort of Sunny Beach. There are two bathrooms.To the center is only 20 minutes walk.Special comfort to the owners create:- swimming pool- playground- restaurant- fitness- parking lot.Features:- quiet neighborhood- developed infrastructure- The offer really attracts with its price: three separate rooms for 29 900 Euro.Please note that the annual support fee is 380 Euros.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

34 970 $

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 (34 970 $) 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).