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  • Petrovac, Budva, Montenegro
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Apartments for sale in Petrovac

91 listings

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With swimming pool

Furnished

267,000 €
Total area 89 m²2 bedrooms2 bathrooms
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.

Furnished

85,000 €
Total area 59 m²2 bedrooms1 bathroom

Furnished

173,000 €
Total area 58 m²2 bedrooms1 bathroom

Furnished

210,000 €
Total area 106 m²3 bedrooms2 bathrooms

Furnished

117,000 €
Total area 82 m²1 bedroom1 bathroom

Turkish passport for buyers of apartments from $250,000

Send a request, we will offer you properties and help you to prepare the documents

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Ekaterina Maslova
Ekaterina Maslova
Senior Residence and Citizenship Advisor

Next to the sea

160,000 €
Total area 109 m²2 bedrooms2 bathrooms

Sea view

191,000 €
Total area 137 m²3 bedrooms2 bathrooms

Furnished

180,000 €
Total area 49 m²1 bedroom1 bathroom
70,000 €
Total area 49 m²1 bedroom1 bathroom

Furnished

400,000 €
Total area 145 m²
108,000 €
Total area 54 m²1 bedroom1 bathroom

Furnished

127,000 €
Total area 62 m²2 bedrooms2 bathrooms

Furnished

356,000 €
Total area 83 m²2 bedrooms2 bathrooms

Sea view

150,000 €
Total area 128 m²2 bedrooms2 bathrooms

Sea view

130,000 €
Total area 72 m²2 bedrooms2 bathrooms

Furnished

79,000 €
Total area 59 m²2 bedrooms1 bathroom
110,000 €
Total area 55 m²2 bedrooms1 bathroom

Sea view

88,000 €
Total area 46 m²1 bedroom1 bathroom

Sea view

280,000 €
Total area 112 m²2 bedrooms2 bathrooms

Furnished

79,000 €
Total area 48 m²2 bedrooms1 bathroom

Furnished

85,000 €
Total area 49 m²

With swimming pool

150,000 €
Total area 66 m²1 bedroom1 bathroom
87,000 €
Total area 71 m²2 bedrooms2 bathrooms

Sea view

119,000 €
Total area 62 m²1 bedroom1 bathroom
1-25 of 91 listings, page 1 of 4
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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.
      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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