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AI Summary

A stylish 86 sq. m apartment is for sale in a modern residential complex in picturesque Petrovac. The apartment features two cozy bedrooms and a spacious living room, complemented by a large balcony, and the azure sea and beach are only 700 meters away. An ideal choice for comfortable living or a profitable investment on the coast for 350,000 EUR.

ApartmentsNo. 2489

Apartment in Petrovac No. 2489

Petrovac · Budva Riviera, M-1, 85300 Budva, Montenegro
€350,000

Details

Area
86 m²
Rooms
3
Bedrooms
2
Bathrooms
2
Floor
3/3
Year built
2020
Parking
Yes
To sea
700 m
Price per m²
€4,070

Description

A stylish furnished 86 m² apartment with two bedrooms is for sale in a prestigious residential complex located above Lučica Beach in Petrovac. The apartment is on the second floor (third from ground level) and includes a spacious living room with a kitchen, two bedrooms, two bathrooms, and a terrace with a magnificent panoramic sea view.

The residential complex is surrounded by lush greenery and a well-kept garden with orange and mandarin trees, figs, peaches, olives, and many flowers. The picturesque sandy Lučica Beach is just a few minutes’ walk away, and the promenade leads to the center of Petrovac.

The price includes a private enclosed garage and a storage room.

The complex consists of six buildings nestled among gardens and olive groves. The architecture is modern and blends harmoniously with the natural surroundings. The apartment is fully furnished with custom-made Italian furniture and is ready to move in. The living room and terrace offer mesmerizing views of the Adriatic Sea and green hills.

Advantages of the apartment in Petrovac and finishing features:

– Panoramic aluminum-wood windows with electric blinds
– Armored entrance door
– Marble floors in the living room
– Rare African hardwood parquet in the bedrooms
– Underfloor heating in the bathrooms
– Italian sanitary ware and high-quality finishing materials
– Air conditioning system with cooling and heating modes
– Video intercom, satellite TV (100+ Russian-language channels)
– Well-maintained landscaped grounds with parking
– Central city utilities

Location:
– <a href="https://maps.app.goo.gl/R9QH7G96J8PLC5rU9">Lučica Beach</a> — only 700 m away
– <a href="https://mdrealty.me/property_city/petrovac/" data-type="property_city" data-id="288">Petrovac center</a> with promenade, shops, market, school, restaurants, and medical facilities — within walking distance
– A quiet area with clean air and many olive trees

Amenities

Mountain viewSea ViewIntercomAir conditioningFully furnishedParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€350,000
Property transfer tax
€14,500
€4,500 (3% × 150,000) + €10,000 (5% × 200,000)

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€15,351
Estimated costs to purchase the propertyTotal: €365,351

Location

What's nearby

  • SchoolOsnovna škola Mirko Srzentić416 m
  • KindergartenDečiji vrtić Ljubica Jovanović Maša487 m
  • Groceries688 m
  • Pharmacy953 m
  • Restaurant196 m
  • Bus stopBuljarica963 m
  • ATM900 m
  • AirportTivat Airport29.3 km
  • PortVirpazar12.5 km
  • Sea700 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 700 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
€350,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,741/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,798/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,827/mo
Monthly payment
€1,617
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€245,000
Total interest€143,054
Loan amount
€245,000
Total interest
€143,054
Total payment
€388,054

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.

€350,000
€4,070/m²No. 2489