Buy cottage in Petrovac, Montenegro - 140m2 - ID: 45935 | MONTENEGRO-PROPERTY.COM
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Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935

Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 1
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 2
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 3
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 4
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 1
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 2
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 3
Cottage in Petrovac, Montenegro, 140m2 - Ref: 45935 photo 4
Photo

Get a loan for renovation from 3.5%

Real estate with discounts up to -35%
Category:
Cottage
Region:
City:
Location:
city center
Rooms count:
7
Storeys:
2
Total area:
140 м2
Parcel size:
400 м2
Bedrooms count:
6
Bathrooms count:
2
Window view:
to the sea/ocean/bay
Window type:
metal-plastic
From sea:
700 м
Storage room
Parking place

House for sale with an urbanized plot in Petrovac — 262,500 euros

An excellent offer for investors and private buyers! The house with a total area of 140 m2 is located on a plot of 400 m2 in Petrovac. The construction of a five-storey building (ground floor + 4 floors) is allowed on this site, which opens up wide opportunities for increasing living space and income.

The main parameters of real estate
Price: 262,500 euros
House size: 140 m2
Plot size: 400 m2
Number of floors of the existing house: 2 floors (ground floor and ground floor)
Construction possibilities: the construction of a 5-storey building is allowed
Finishing and renovation: the house was renovated in 2016
Location: near the bus station, within walking distance from all major infrastructure facilities
On the ground floor of the house there is a cozy living room, kitchen, two bedrooms and a bathroom. The ground floor includes four bedrooms, four terraces, a storage room and a bathroom. Spacious terraces allow you to enjoy magnificent views and relax in the fresh air.

Advantages of buying and using
This house with an urbanized plot is not only a comfortable accommodation, but also an excellent investment opportunity. The possibility of building a five-storey building allows you to increase rental or resale income in the future. The plot is ideal for the construction of apartments, a hotel business or a family villa.

Taking into account the high tourist demand in Petrovac, renting out can bring owners a stable income. Depending on the season and the type of property, the average rent can be 800-1500 euros per month for individual apartments.

Obtaining a residence permit in Montenegro when buying real estate
Buying real estate in Montenegro makes it possible to obtain a residence permit (residence permit). This simplifies staying in the country, access to local social services and medical care, as well as the possibility of free movement on the territory of Montenegro and other Balkan countries.

Real estate market in Montenegro: price growth
Montenegro attracts both tourists and investors, which contributes to a steady increase in real estate prices in resort areas such as Petrovac. Over the past 5 years, real estate prices on the coast have increased by an average of 6-8% annually, which makes buying real estate in this region a profitable long-term investment.

Conclusion
A house in Petrovac is not only a great place to stay, but also a promising investment. The possibility of expanding construction, a good location close to transport infrastructure and high tourist demand makes this property ideal for both personal use and commercial purposes.

Price on request
Ref: 45935
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Statistics of houses sales in Montenegro

Offers
1 028
Price range (€)
30K - 4M
Median price (€)
230K
Area range (m2)
30 - 220 000
Median area (m2)
170
Price per sq.m range per sq.m (€)
1 - 14K
Median price per sq.m (€)
1 353

Statistics by Region

Herceg Novi Community
Offers
124
Price range
75K - 2.75M
Median price
325K41,30%
Area range
36 - 760
Median area
180
Price per sq.m range per sq.m
625 - 13K
Median price per sq.m
1 746
Kotor community
Offers
68
Price range
79K - 4M
Median price
425K84,78%
Area range
55 - 220 000
Median area
210
Price per sq.m range per sq.m
1 - 12K
Median price per sq.m
2 429
Community Danilovgrad
Offers
15
Price range
38K - 600K
Median price
110K-52,17%
Area range
52 - 356
Median area
110
Price per sq.m range per sq.m
423 - 2 212
Median price per sq.m
967
Community Bar
Offers
546
Price range
30K - 3.58M
Median price
190K-17,39%
Area range
30 - 1 600
Median area
160
Price per sq.m range per sq.m
137 - 7 962
Median price per sq.m
1 195
Zabljak community
Offers
65
Price range
35K - 1.57M
Median price
104K-54,78%
Area range
42 - 850
Median area
96
Price per sq.m range per sq.m
328 - 3 900
Median price per sq.m
1 111
Community Podgorica
Offers
11
Price range
45K - 2.2M
Median price
285K23,91%
Area range
40 - 498
Median area
330
Price per sq.m range per sq.m
672 - 4 418
Median price per sq.m
1 395
Community Budva
Offers
72
Price range
47K - 3.5M
Median price
450K95,65%
Area range
42 - 1 000
Median area
232
Price per sq.m range per sq.m
594 - 8 824
Median price per sq.m
2 007
Community Niksic
Offers
3
Price range
48K - 120K
Median price
98K-57,61%
Area range
55 - 144
Median area
122
Price per sq.m range per sq.m
521 - 1 200
Median price per sq.m
1 037
Ulcinj Community
Offers
30
Price range
51K - 450K
Median price
195K-15,22%
Area range
60 - 410
Median area
200
Price per sq.m range per sq.m
600 - 1 547
Median price per sq.m
1 060
Tivat Community
Offers
79
Price range
98K - 3.9M
Median price
450K95,65%
Area range
50 - 500
Median area
209
Price per sq.m range per sq.m
880 - 14K
Median price per sq.m
2 345
Kolasin community
Offers
8
Price range
67K - 290K
Median price
197K-14,35%
Area range
70 - 238
Median area
88
Price per sq.m range per sq.m
907 - 2 463
Median price per sq.m
1 738
Cetinj
Offers
7
Price range
37K - 299K
Median price
226K-1,63%
Area range
58 - 275
Median area
128
Price per sq.m range per sq.m
584 - 2 199
Median price per sq.m
1 031

Distribution by prices

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