Area
102 м2
Bedrooms
3
Apartment in Ulcinj. City - Ulcinj
Description
Spacious 3-bedroom apartment in a newly built complex with a swimming pool within walking distance of the largest beach in Montenegro, the city of Ulcinj.
Floor – 2, 3, 4. (there is an elevator)
Apartment area – 102.2
The apartment consists of a corridor, a living room combined with a kitchen, three bedrooms, two bathrooms and two terraces.
High-quality construction and finishing materials.
The modern complex is located just 10-15 minutes walk from the largest sandy beach in Montenegro - Velika Plazha.
In the closed area of the complex there is a swimming pool with a relaxation area, as well as a bar for apartment owners and their guests.
City view.
Parking place.
CCTV.
Convenient location of the complex - a five-minute walk from the central avenue of Ulcinj with many shops, cafes, etc.
A great place for both permanent residence and rental apartments.
Completion of construction – summer 2024
The buyer is exempt from paying 3% tax on the purchase of real estate.
Installment payment -
First payment - 30% after signing the contract;
Second installment - 30% after completion of rough finishing work;
Third installment - 30% after completion of cosmetic finishing work;
The fourth installment is 10% key in hand.
Price – 153,300 euros. (1500
Additional details
Property type
Residential Properties
Number of rooms
3
Floor
4
Object type
Flat
Price
179 298 $
FAQ
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ulcinj; 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 Ulcinj 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 (179 298 $) 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 Ulcinj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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