FAQ
What is the price of the apartment?
The apartment is for sale at €151,000. The price includes all furniture and necessary amenities.
Is the apartment fully furnished?
Yes, the apartment is sold fully furnished. This includes all furniture, kitchen appliances, and electronics such as a refrigerator, microwave, and dishwasher.
What is the size of the apartment?
The apartment is a 3-room unit of 58 m² that includes a large balcony.
How far is the apartment from the beach?
The apartment is located just 100 meters from the beach, a 3-4 minute walk.
What are the maintenance fees?
There is a monthly maintenance fee of €0.30 per m² for building and common area maintenance. For the apartment, this comes to €17,4 per month that is paid to the Condominium Association.
Is parking available?
The apartment does not come with its own parking space, but the current owner rents a parking space next to the building (current price is about 200 euros/year)
What amenities are nearby?
A supermarket, pharmacy, ATM, and restaurants are all within a 1-2 minute walk. Portonovi Marina is also just a 2-minute walk away.
Is Wi-Fi available in the apartment?
Yes, the apartment has wireless internet that is provided by the Condominium Association.
How far is the apartment from major cities and airports?
The apartment is located in Denovici, Herceg Novi. The nearest airports are Dubrovnik (45 minutes by car) and Tivat (50 minutes by car).
Is the apartment move-in ready?
Yes, the apartment is fully furnished and ready for immediate move-in.
What is the climate like in the area?
Herceg Novi is known for its mild Mediterranean climate with hot summers and mild winters. In summer, temperatures in Kotor Bay can reach 25-30°C, and the sea temperature can exceed 25°C in July and August.
Can the apartment be rented out?
Yes, the apartment is ideal for rental, especially due to its attractive location near Portonovi and the beach. You can easily generate rental income during the tourist season.
What are the legal requirements for property ownership in Montenegro?
As a foreigner, you can buy property in Montenegro without restrictions. Once the purchase is completed, you will receive ownership documents and can register the property in your name.