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Flat 167 м² in Petrovac, Montenegro

290 824 $

1 741 $ /м²

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Area

167 м2

Bedrooms

3

Apartment in Budva. The city is Petrovac.

description

EXCLUSIVE OFFER IN PETROVAC – SPACIOUS APARTMENT WITH SEA VIEW

We present to your attention a unique apartment in one of the most attractive places in Montenegro – the resort town of Petrovac. This spacious apartment after a complete renovation offers comfort and style combined with a stunning view of the sea.

Main advantages:
• Location: A quiet dead-end street in the upper part of the city, away from noise and tourist routes. Peace and safety – an ideal place to live with children. The beach, embankment, and playground are just 5 minutes’ walk away.
• Infrastructure: Nearby there is a school, kindergarten, sports sections, stadium – everything for a comfortable life.
• Space and comfort: The apartment has an area of 167 m² (according to documents 120 m²) with the possibility of dividing into two separate apartments – an ideal option both for living and for investment.

Layout and equipment:
• Rooms: 3 bedrooms, 2 living rooms, 2 bathrooms, 2 kitchens.
• Interior: Designer renovation with thoughtful ergonomics, carried out according to an individual project.
• Equipment: Modern household appliances – TVs, refrigerators, washing machines, dishwashers, air conditioners, Internet. The apartment is fully equipped for living or renting – from furniture to dishes and textiles.
• External areas: Просторная лоджия с видом на море, дополнительный балкон. Терраса оборудована большими растениями, столом, ча

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

290 824 $

Characteristics

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 (290 824 $) 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).

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