Villa 136 м² in Kumbor, Montenegro

ID 4OdEq

Area: 136 m²
Bedrooms: 3

Description

Villa in Herceg Novi. City - Kumbor

New two-storey house in a beautiful area of Baošići village, 10 km from Herceg Novi. To the sea and the long promenade on foot - no more than 5 minutes. In walking distance there is all necessary infrastructure - supermarket, cafes, pharmacy, stores.The house consists of 2 apartments of 42 m2 and 94 m2 (together with balcony and technical room).Large plot with olives, pomegranates and palm trees, recreation area with barbecue.Each apartment has its own terrace.All communications are new; city water supply and sewerage.High speed internet MTEL, connection point in each room on at least 2 walls and in the large apartment, additionally in the kitchen, Ethernet cable Cat.7, each apartment has its own line of internet, but also has the possibility to use one line (one internet contract) for the whole house.Electric, remote-controlled warm floors in the whole house, in all rooms. Windows thermoaluminum, with sliding mesh from insects. Electric programmable roller shutters. Fireplace in a small apartment.Possibility of installing a fireplace (there is a chimney with prepared holes for connecting the fireplace) in the upper apartment in the chol/kitchen and in the living room.Air conditioners (in the upper apartment the possibility of installation in each room and in the kitchen).Natural ventilation in each room and electric forced ventilation in the bathrooms.Large carport and outdoor parking for 3+ cars.Programmable remote controlled hot water boilers.Water, sewer, and electric lines to the lot to allow for future connections.

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 376 754 $
Land area: 1685 m²

Services and facilities

Air conditioner

FAQ

How can I get a residence permit by buying property in Montenegro?

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kumbor; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

Yes. Rental income tax is 5–25% depending on the regime. In Kumbor short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (376 754 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

A typical transaction runs 30–90 days, averaging 45 in Kumbor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).