Hurry up to get a Montenegrin passport before the investment programme closes

  • Investments of at least 350,000 €
  • Potential accession to the EU in 2025*
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  • Petrovac, Budva, Montenegro
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Houses for sale in Petrovac

61 listings

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112,000 €
Total area 65 m²2 bedrooms

With swimming pool

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

Montenegrin passport

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.

With swimming pool

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

The first line

3,200,000 €
Total area 800 m²Land area: 500 m²5 bedrooms5 bathrooms

Sea view

740,000 €
Total area 450 m²Land area: 180 m²10 bedrooms

Discounted homes upon request

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

Send a discount enquiry
Ksenia Kolesnikova
Ksenia Kolesnikova
Client manager

With swimming pool

670,000 €
Total area 330 m²

The first line

Sea view

650,000 €
Total area 240 m²Land area: 470 m²6 bedrooms6 bathrooms

Furnished

175,000 €
Total area 110 m²1 bedroom1 bathroom

Furnished

320,000 €
Total area 128 m²2 bedrooms2 bathrooms

With swimming pool

Price on request
Total area 971 m²Land area: 700 m²5 bedrooms5 bathrooms

Furnished

110,000 €
Total area 58 m²2 bedrooms1 bathroom
90,000 €
Total area 58 m²1 bedroom1 bathroom
332,000 €
Total area 220 m²Land area: 500 m²4 bedrooms2 bathrooms

Sea view

120,000 €
Total area 59 m²2 bedrooms1 bathroom

With swimming pool

1,000,000 €
Total area 560 m²6 bedrooms

With swimming pool

160,000 €
Total area 73 m²3 bedrooms2 bathrooms

Furnished

90,000 €
Total area 45 m²1 bedroom1 bathroom
97,000 €
Total area 59 m²2 bedrooms
180,000 €
Total area 136 m²5 bedrooms

Sea view

400,000 €
Land area: 140 m²

With garden

140,000 €
Total area 46 m²1 bedroom
1-25 of 61 listings, page 1 of 3
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    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
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      FAQ about Petrovac

      Can foreigners get a mortgage loan to buy a house 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?
      House 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 house 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 house 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 house 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 house prices in Petrovac?
      The house prices in Petrovac vary in a range of €2800-4200 for a square metre depending on the region and distance from the sea.
      What taxes are charged on house 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 house 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.
      IHIF 2021
      IHIF 2021
      IHIF is the place where deals are done and important industry decisions are made, bringing together a very senior gathering and among them nearly every major hotel chain CEO, influential global tourism ministers and the largest group of investors and hotel owners.
      MIPIM 2021
      MIPIM 2021
      MIPIM helps you to grow your business and reputation all around the world through its digital platform, by creating opportunities to connect with international and local partners before, during and after the event.
      Tranio's managers are here to help you select a property
      Anastasia Shchepetova
      Anastasia Shchepetova
      Real Estate Expert Tranio in Petrovac
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