Apartment in Petrovac, Montenegro — 156,500 euros
A spacious apartment for sale in Petrovac on the Budva coast. The apartment is located on the third floor of a small apartment building built in 2016, just 250 meters from the sea and the promenade. A great place for permanent residence, summer vacation or rental.
Real Estate Parameters
Apartment size: 100 m2 (including two terraces — 35 m2)
Floor: 3 (out of 4)
Number of rooms: 3 (two bedrooms, living room with kitchen)
Number of bathrooms: 2
Year of construction: 2016
Terraces: 2 (35 m2) with sea and city views
Garage: available
Additionally: air conditioning, underfloor heating
The apartment includes a spacious living room with a fully equipped kitchen, two bedrooms, two bathrooms, a corridor and two terraces. Air conditioning is installed, as well as underfloor heating, which creates comfort at any time of the year. The terraces offer magnificent views of the sea and the city.
Infrastructure
The apartment is located in one of the most convenient areas of Petrovac. The central promenade with cafes, restaurants and shops is just 250 metres away. Grocery stores, pharmacies and transport stops are within walking distance. This is a great place to live and relax due to the developed infrastructure and proximity to the beach.
Attractions and tourism
Petrovac is a small resort town on the coast of Montenegro, known for its sandy beaches and crystal clear waters. The city is surrounded by green hills, creating a calm and cozy atmosphere. Historical attractions such as Roman mosaics and the Castello Fortress make Petrovac a popular tourist destination.
Economic attractiveness
Investments in real estate on the Budva coast, and especially in Petrovac, continue to be profitable. The average cost of renting an apartment in this area ranges from 60 to 120 euros per day, depending on the season, which provides good potential for income from short-term rentals. Montenegro attracts not only tourists, but also investors, which contributes to a steady increase in real estate prices. Over the past 5 years, the cost of housing on the coast of Montenegro has increased by 10-15%, depending on the area.
Advantages of buying a property in Montenegro
Buying a property in Montenegro gives you the right to obtain a temporary residence permit (residence permit). This opens up opportunities for a long-term stay in the country, as well as simplifies movement around the countries of the Schengen area. A residence permit is issued for up to one year with the possibility of extension, which makes the purchase of housing even more attractive for foreigners.
Conclusion
This apartment in Petrovac is an excellent choice for those who are looking for comfortable accommodation on the coast of Montenegro. The proximity to the sea, modern finishes and high rental potential make it a profitable option for both living and investment.