Property Abroad

Montenegro

Budva

Petrovac

Flat

Flat 47 м² in Petrovac, Montenegro

86 510 $

1 840 $ /м²

4OTGv

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #1

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #2

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #3

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #4

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #5

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #6

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #7

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #8

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #9

Flat 47m² in Montenegro, Petrovac. Priced at 76000€ rent photo- #10

Area

47 м²

Bedrooms

Bathrooms

Year of construction

2007

Secondary real estate: sale of 2-bedroom apartment in Budva, Montenegro

One bedroom apartment with large terrace in Petrovac, MontenegroThe apartment is located next to the hotel Wgrand, on the minus first floor. The size of the apartment is 37m2 without terrace and 10m2 terrace with a separate entrance from the street.The apartment has one bedroom, living room with kitchen and dining area, separate closed new kitchen on the terrace, built-in shower on the terrace, bathroom, corridor.The apartment is sold fully furnished and ready to move in. The building is only 300m from the sea, 80m from the supermarket VoliThis apartment will be a great investment for you!More detailed information on this property can be obtained from Prometheus Real Estate.

Services and facilities

Air conditioner

Lift

Furniture

Additional details

Property type

Residential Properties

Number of rooms

Publication

From the Agency

Floor

Object type

Flat

Price

86 510 $

Location

Downtown

Characteristics

Air conditioner

Lift

Furniture

Park View

Distance to key points, m

To sea 300

To shops 80

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 (86 510 $) 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).