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  • Petrovac, Budva, Montenegro
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Property for sale in Petrovac

212 listings Subscribe to notifications

With swimming pool

450,000 €
Total area 200 m²Land area: 990 m²3 bedrooms3 bathrooms

With swimming pool

Citizenship in exchange for investment in a hotel near a ski resort

Montenegrin passport

250,000 € · Rental income
  1. State-approved project;
  2. Passports are issued to the entire investor's family members;
  3. The investors receives 40% of the rental income.

Sea view

89,000 €
Total area 51 m²2 bedrooms1 bathroom
95,000 €
Total area 50 m²1 bedroom
112,000 €
Total area 65 m²2 bedrooms

Discounted properties upon request

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Anna Boyarchukova
Anna Boyarchukova,
Head of Residential Real Estate

Furnished

280,000 €
Total area 174 m²3 bedrooms2 bathrooms

Furnished

135,000 €
Total area 78 m²3 bedrooms2 bathrooms

Furnished

112,000 €
Total area 64 m²1 bedroom1 bathroom

Furnished

95,000 €
Total area 45 m²1 bedroom1 bathroom

With garden

470,000 €
Total area 250 m²Land area: 314 m²2 bedrooms3 bathrooms

Furnished

127,000 €
Total area 79 m²3 bedrooms2 bathrooms

Furnished

231,000 €
Total area 72 m²2 bedrooms2 bathrooms

Furnished

199,000 €
Total area 86 m²1 bedroom2 bathrooms

Furnished

1,280,000 €
Total area 280 m²2 bedrooms3 bathrooms

With swimming pool

1,200,000 €
Total area 540 m²Land area: 640 m²

Next to the sea

169,000 €
Total area 93 m²2 bedrooms2 bathrooms

With swimming pool

2,400,000 €
Total area 1,357 m²Land area: 397 m²5 bedrooms5 bathrooms

With swimming pool

2,290,000 €
Total area 600 m²Land area: 860 m²4 bedrooms5 bathrooms
600,000 €
Total area 216 m²6 bedrooms5 bathrooms
245,000 €
Total area 170 m²Land area: 20 m²2 bedrooms2 bathrooms

With garden

180,000 €
Total area 90 m²Land area: 310 m²4 bedrooms2 bathrooms
550,000 €
Total area 170 m²Land area: 236 m²3 bedrooms3 bathrooms

Furnished

267,000 €
Total area 89 m²2 bedrooms2 bathrooms
1-25 of 212 listings, page 1 of 9
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      FAQ about Petrovac

      Can foreigners get a mortgage loan in Montenegro?
      It might be tricky for a foreigner to obtain a mortgage loan for property in Montenegro. Erste Bank is the only bank lending to foreign property buyers, yet the primary qualification for an eligible foreign applicant is to have a residence permit in the country.
      How much do utilities cost in Petrovac?
      Property maintenance costs are not so high in Petrovac as compared to the rest of Europe. Read more about major housing and home ownership costs in Montenegro.
      Can buying property in Petrovac also get foreigners a residence permit in Montenegro?
      A property purchase in Montenegro will get residence in the country (except for property for further development that would not qualify a buyer for a residence permit). There is no minimum investment threshold for a residence permit. The purchased property should be free and clear of any encumbrances. Read more in our article.
      How to get citizenship in Montenegro by buying a property in Petrovac?
      To get citizenship in Montenegro, you would have both to purchase a property out of the government-approved pool investing at least € 250,000 and donate at least € 100,000 to the government fund.
      What is the process of buying property in Montenegro?
      It will take 2–4 months in average to register property ownership in Montenegro. To close a transaction, a foreign buyer needs to present a foreign passport of the home country, an individual seller is to produce a legal proof of property ownership and the excerpt from record in the local property registry, and a corporate seller should additionally provide the buyer with its corporate documents. See details here.
      What are the property prices in Petrovac?
      The apartment prices in Petrovac vary in a range of €1400-1800 for a square metre depending on the region and distance from the sea. The prices of a house range from €2800-4200 for a square metre.
      What taxes are charged on property purchase, ownership, and sale in Petrovac?
      A transfer tax at 3% is charged on real estate transfers in Montenegro, and 21% VAT is levied if property has not been sold before. The real estate tax is levied for the use of the property at the rates ranging from 0.25 to 1% of the property value. Read more about the taxes charged on property purchase, ownership, rent, and sale in Petrovac on the website.
      Key takeaways about Petrovac to know before property purchase: what makes the region special?
      Petrovac is a resort town 17 kilometres from Budva, surrounded by olive groves and coniferous trees. The waterfront area is dotted with restaurants and cafés; there is also a market, some shops, hotels, pharmacies, a hospital, and a night club in an ancient fortress in Petrovac. Yet Petrovac is one of the quietest towns in the Budva Riviera that is ideal for family getaway. There are two beaches in Petrovac. The urban area here is so compact that not all the coastal houses can boast a sea view.
      Tranio's managers are here to help you select a property
      Anastasia Shchepetova
      Anastasia Shchepetova
      Real Estate Expert Tranio in Petrovac
      +44 17 4822 0039
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