Flat 65 м² in Herceg Novi, Montenegro

69 799 $

1 073 $ /м²

4OXqS

Flat 65m² in Montenegro, Herceg Novi. Priced at 58900€ rent photo-

Area

65 м²

Bedrooms

Reinbow 2

New offer on the Bulgarian real estate market! For sale two bedroom apartment in the complex “Reinbow 2”. It is an ideal object for a large family. The apartment itself is quite compact. The total area is 64.95 square meters. It is located on the first floor, which is very convenient for living with small children.On the territory there is a swimming pool, a small cafe, reception and security. The support tax is 10 euros per 1 sq.m. of the area. This amount includes cleaning, electricity, water in the common parts of the building (entrances), gardening services, pool cleaning, etc.The neighborhood is quite well developed. In walking distance there is everything you need for a pleasant summer vacation. It is also a profitable investment (you can rent out the apartment).

Services and facilities

Furniture

Pool

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

69 799 $

Location

By the Sea

Characteristics

Furniture

Pool

Distance to key points, m

To sea 450

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 (69 799 $) 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).