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  • Petrovac, Budva, Montenegro
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215,000 €
Total area 75 m²Land area: 150 m²2 bedrooms1 bathroom
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.
140,000 €
Total area 55 m²2 bedrooms1 bathroom
220,000 €
Total area 90 m²2 bedrooms1 bathroom
179,000 €
Total area 107 m²2 bedrooms2 bathrooms
156,000 €
Total area 74 m²1 bedroom1 bathroom
Discounted apartments and new-builds upon request

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

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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
267,000 €
Total area 104 m²3 bedrooms
255,000 €
Total area 140 m²3 bedrooms
2 months ago

With swimming pool

190,000 €
Total area 53 m²2 bedrooms
225,000 €
Land area: 86 m²
195,000 €
Total area 59 m²2 bedrooms
112,000 €
Total area 42 m²1 bedroom
2 weeks ago

Furnished

117,000 €
Total area 65 m²1 bedroom1 bathroom

Urgent sale!

187,000 €
Total area 95 m²3 bedrooms3 bathrooms
148,000 €
Total area 55 m²2 bedrooms
420,000 €
Total area 152 m²3 bedrooms

Furnished

250,000 €
Total area 122 m²3 bedrooms
3 months ago

The first line

158,000 €
Total area 56 m²2 bedrooms1 bathroom

Sea view

385,000 €
Total area 141 m²3 bedrooms2 bathrooms

With swimming pool

137,000 €
Total area 38 m²1 bedroom

Furnished

220,000 €
Total area 90 m²2 bedrooms2 bathrooms
1-25 of 31 listings, page 1 of 2

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Tranio's representative offices
athens

Tranio LLC

Vissarionos, 4, 10672 Athens, Greece

+30 211 198-60-27

berlin

Tranio Germany GmbH

Schlüterstraße 38, 10629 Berlin, Germany

+49 302 2957622

Tranio's Dubai office

Tranio Global Real Estate

Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE

+971 (4) 610-45-55

Tranio's Phuket office

Tranio Global Real Estate

Lagoon Plaza, 21/6 Lagoon Rd, Cherngtalay Thalang Choeng Thale, Thalang District, Phuket 83110, Thailand

+66 97-783-2913

istanbul

Tranio Global Real Estate

Fulya, Büyükdere Cd. No:76, 34394 Şişli/İstanbul, Turkey

+44 17 4822 0039

torrevieja

Tranio LLC

Calle del Palangre, 14, 03182 Torrevieja, Alicante, Spain

+34 932 204 049

bali

Tranio Global Real Estate

67 Jl Bypass Ngurah Rai Br Kerthayasa, Bali, Kuta Badung, 80361

+62 213 950 47 41

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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.
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          Elvira Gracheva
          Elvira Gracheva
          Real Estate Expert Tranio in Petrovac
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