Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 58 м² in Petrovac, Montenegro

195 532 $

3 371 $ /м²

4OUCM

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #1

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #2

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #3

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #4

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #5

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #6

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #7

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #8

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #9

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #10

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #11

Flat 58m² in Montenegro, Petrovac. Priced at 165000€ rent photo- #12

Area

58 м²

Bedrooms

Bathrooms

Apartment in Petrovac with two bedrooms, garage and magnificent sea views

Apartment in Petrovac with two bedrooms. Fully furnished. Magnificent view of the sea, mountains and city. Area 58 sq.m
Price 165.000 euros
The price includes the cost of a garage

Services and facilities

Air conditioner

Household appliances

Balcony or terrace

Garage/parking

Additional details

Property type

Residential Properties

Number of rooms

Publication

From the Agency

Object type

Flat

Price

195 532 $

Condition

Furnished

Characteristics

Air conditioner

Household appliances

Balcony or terrace

Garage/parking

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 (195 532 $) 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).