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Montenegro to extend residence by investment programme into 2022

  • Investments of at least 450,000 €
  • Potential accession to the EU in 2025*
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  1. Overseas property
  2. Montenegro
  3. Budva
  4. Petrovac

Property for sale in Petrovac

99 listings

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Cosy apartment with a terrace and sea views in a residence with a pool, Petrovac, Budva, Montenegro for 210,000 €

With swimming pool

Cosy apartment with a terrace and sea views in a residence with a pool, Petrovac, Budva, Montenegro
210,000 €
Total area 119 m²2 bedrooms3 bathrooms
Villa – Petrovac, Budva, Montenegro for 1,200,000 €

With swimming pool

Villa – Petrovac, Budva, Montenegro
1,200,000 €
Total area 540 m²Land area: 640 m²
Citizenship in exchange for investment in a hotel near a ski resort

Montenegrin passport

Citizenship in exchange for investment in a hotel near a ski resort
250,000 € · Rental income
  • The project approved by the authorities;
  • Passports are issued to the entire investor's family members;
  • The investors receives 40% of the rental income.
Villa – Petrovac, Budva, Montenegro for 2,400,000 €

With swimming pool

Villa – Petrovac, Budva, Montenegro
2,400,000 €
Total area 1,357 m²Land area: 397 m²5 bedrooms5 bathrooms
Apartment – Petrovac, Budva, Montenegro for 267,000 €

Furnished

Apartment – Petrovac, Budva, Montenegro
267,000 €
Total area 89 m²2 bedrooms2 bathrooms
Villa – Petrovac, Budva, Montenegro for 3,200,000 €

The first line

Villa – Petrovac, Budva, Montenegro
3,200,000 €
Total area 800 m²Land area: 500 m²5 bedrooms5 bathrooms
Apartment – Petrovac, Budva, Montenegro for 173,000 €

Furnished

Apartment – Petrovac, Budva, Montenegro
173,000 €
Total area 58 m²2 bedrooms1 bathroom
Discounted properties upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
  • We find off-market properties We find off-market properties
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Apartment – Petrovac, Budva, Montenegro for 117,000 €

Furnished

Apartment – Petrovac, Budva, Montenegro
117,000 €
Total area 82 m²1 bedroom1 bathroom
Apartment – Petrovac, Budva, Montenegro for 86,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
86,000 €
Total area 47 m²1 bedroom1 bathroom
Apartment – Petrovac, Budva, Montenegro for 191,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
191,000 €
Total area 137 m²3 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 400,000 €

Furnished

Apartment – Petrovac, Budva, Montenegro
400,000 €
Total area 145 m²
Apartment – Petrovac, Budva, Montenegro for 110,000 €

With swimming pool

Apartment – Petrovac, Budva, Montenegro
110,000 €
Total area 53 m²
Townhome – Petrovac, Budva, Montenegro for 740,000 €

Sea view

Townhome – Petrovac, Budva, Montenegro
740,000 €
Total area 450 m²Land area: 180 m²10 bedrooms
Apartment – Petrovac, Budva, Montenegro for 356,000 €

Furnished

Apartment – Petrovac, Budva, Montenegro
356,000 €
Total area 83 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 150,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
150,000 €
Total area 128 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 130,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
130,000 €
Total area 72 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 280,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
280,000 €
Total area 112 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 119,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
119,000 €
Total area 62 m²1 bedroom1 bathroom
Large villa with a terrace, a pool and sea views, on the first line from the sea, Petrovac, Budva, Montenegro for 2,500,000 €

The first line

Large villa with a terrace, a pool and sea views, on the first line from the sea, Petrovac, Budva, Montenegro
2,500,000 €
Total area 917 m²Land area: 700 m²5 bedrooms5 bathrooms
Bright cottage with three terraces, sea views and a garden, Petrovac, Budva, Montenegro for 650,000 €

Sea view

Bright cottage with three terraces, sea views and a garden, Petrovac, Budva, Montenegro
650,000 €
Total area 240 m²Land area: 470 m²6 bedrooms6 bathrooms
One-bedroom apartment with sea and mountain views, Petrovac, Budva, Montenegro for 175,000 €

Furnished

One-bedroom apartment with sea and mountain views, Petrovac, Budva, Montenegro
175,000 €
Total area 110 m²1 bedroom1 bathroom
Two-bedroom renovated apartment, Petrovac, Budva, Montenegro for 320,000 €

Furnished

Two-bedroom renovated apartment, Petrovac, Budva, Montenegro
320,000 €
Total area 128 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 89,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
89,000 €
Total area 55 m²2 bedrooms2 bathrooms
Apartment – Petrovac, Budva, Montenegro for 120,000 €

Sea view

Apartment – Petrovac, Budva, Montenegro
120,000 €
Total area 67 m²2 bedrooms1 bathroom
New modern villa on the sea coast for 1,150,000 €

With swimming pool

New modern villa on the sea coast
1,150,000 €
Total area 285 m²Land area: 320 m²4 bedrooms4 bathrooms
Two-bedroom apartment 450 m from the sea, Petrovac, Budva, Montenegro for 110,000 €

Furnished

Two-bedroom apartment 450 m from the sea, Petrovac, Budva, Montenegro
110,000 €
Total area 58 m²2 bedrooms1 bathroom
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    Anna Kurianovich,
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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 a 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 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 a 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.
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      Real Estate Expert Tranio in Petrovac
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