Flat 101 м² in Herceg Novi, Montenegro

44 251 $

438 $ /м²

4OXoF

Flat 101m² in Montenegro, Herceg Novi. Priced at 38300€ rent photo-

Area

101 м²

Bedrooms

Flores Park

Inexpensive two bedroom apartment with a very unusual layout just 200 meters from the beach in the center of the popular resort of Sunny Beach. Sold with furniture and appliances. View from the balcony to the inner territory of the complex “Flores Park”. Third floor. Total area 101.10 square meters.Suitable for year-round living - everything is nearby: several grocery stores, bus station, banks, pharmacies, polyclinic, post office, public transportation, many restaurants and cafes.

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

44 251 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 200

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 (44 251 $) 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).