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  • Petrovac, Budva, Montenegro
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With swimming pool

Furnished

267,000 €
Total area 89 m²2 bedrooms2 bathrooms
Turkish citizenship for the whole family for real estate purchase

Tranio’s instruction

From $400,000  ·  Rental income
  • Simple registration procedure;
  • Return on investment;
  • Temporary residence permit for quick relocation.

Furnished

173,000 €
Total area 58 m²2 bedrooms1 bathroom

Sea view

191,000 €
Total area 137 m²3 bedrooms2 bathrooms

Furnished

356,000 €
Total area 83 m²2 bedrooms2 bathrooms

Sea view

150,000 €
Total area 128 m²2 bedrooms2 bathrooms
Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry
Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
  • We find off-market properties We find off-market properties
  • We organise viewings We organise viewings
  • We assist in obtaining a mortgage We assist in obtaining a mortgage

Sea view

130,000 €
Total area 72 m²2 bedrooms2 bathrooms

Sea view

280,000 €
Total area 112 m²2 bedrooms2 bathrooms

Sea view

119,000 €
Total area 62 m²1 bedroom1 bathroom
170,000 €
Total area 107 m²2 bedrooms2 bathrooms
3 months ago

Furnished

115,000 €
Total area 52 m²

Sea view

95,000 €
2 bedrooms1 bathroom

Sea view

165,000 €
Total area 75 m²2 bedrooms1 bathroom
156,000 €
Total area 74 m²1 bedroom1 bathroom

Sea view

234,000 €
Total area 146 m²3 bedrooms3 bathrooms

Furnished

103,000 €
Total area 50 m²1 bedroom1 bathroom

Furnished

149,000 €
Total area 63 m²
199,000 €
Total area 139 m²3 bedrooms3 bathrooms

Furnished

Next to the sea

103,000 €
Total area 51 m²1 bedroom1 bathroom

Furnished

490,000 €
Total area 187 m²2 bedrooms2 bathrooms
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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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      FAQ about Petrovac
      Can foreigners get a mortgage loan to buy an apartment in Petrovac?
      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?
      Apartment 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 an apartment 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 an apartment 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 an apartment 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 apartment 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.
      What taxes are charged on apartment 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 apartment 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.
      United Property Expo in Belgrade, Serbia
      United Property Expo in Belgrade, Serbia
      17-18 February, 2023
      United Property Expo is a large-scale international exhibition attended by thousands of private investors, leading global developers and brokers. The event provides an opportunity to discuss the issues of buying and renting property abroad, get professional advice on taxes, mortgage, property investment and management.
      Tranio's managers are here to help you select a property
      Marina Filichkina
      Marina Filichkina
      Real Estate Expert Tranio in Petrovac
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