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AI Summary

A luxurious 190 m² house in picturesque Petrovac is located just 100 meters from the azure sea. This spacious villa with 7 bedrooms, a cozy living room, and functional living areas will be the perfect place for comfortable living or a profitable investment on the Montenegrin coast.

No. 940

House in Petrovac No. 940

Petrovac · Budva Riviera, Petrovac, Montenegro
€680,000
View: Sea view

Details

Area
190 m²
Land area
420 m²
Bedrooms
7
Bathrooms
4
Parking
Yes
To sea
100 m
Price per m²
€3,579

Description

House 100 meters from the sea! Prestigious, quiet area with developed infrastructure, everything within walking distance: beach, cafes, restaurants, shops, old town. Stunning view of the sea, promenade, and city. The area around the house is immersed in greenery: grapes, kiwi, mandarins, oranges, Mediterranean plants. On the first floor there are two separate apartments with their own entrance and bathroom. On the second floor: living room, 4 bedrooms, 2 bathrooms, kitchen, large terrace. There is the possibility to add two more floors. The house is ideal both for permanent residence and for rental. Your own house 100 meters from the best beach of the Budva Riviera!

Amenities

Sea ViewParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€680,000
Property transfer tax
€32,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €10,800 (6% × 180,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€33,997
Estimated costs to purchase the propertyTotal: €713,997

Location

What's nearby

  • SchoolOsnovna škola Mirko Srzentić810 m
  • KindergartenDečiji vrtić Ljubica Jovanović Maša738 m
  • GroceriesPecara Diki50 m
  • PharmacyMontefarm93 m
  • Restaurant44 m
  • Bus stopPetrovac (centar)69 m
  • ATM163 m
  • AirportTivat Airport28.1 km
  • PortMarina Budva11.6 km
  • Sea100 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 100 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€680,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,383/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,493/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,549/mo
Monthly payment
€3,141
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€476,000
Total interest€277,933
Loan amount
€476,000
Total interest
€277,933
Total payment
€753,933

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€680,000
€3,579/m²No. 940