Skip to content
Herceg Novi
Bay of Kotor

Real estate in Herceg Novi

25 properties · avg €3,160/m²

properties
25
avg / m²
€3,160

Herceg Novi

Buy property in Montenegro

For sale
25
For rent / month
0
Daily rentals
0
New developments
7
Avg per m² (sale)
€3,160
Average price
€751,800
Rent / month
—
Rent / night
—
Figures are calculated automatically from active listings in the MDRealty database and refreshed hourly. They describe our own listings, not official market data.

Properties in Herceg Novi on the map

More cities in the region

Baosici
Baosici
6 properties
Bigovo
3 properties
Bijela
4 properties
Djenovici
3 properties
Dobrota
15 properties
Dražin Vrt
1 property
Igalo
7 properties
Kamenari
1 property
Kavac
7 properties
Kostanica
3 properties
Kotor
Kotor
14 properties
Kumbor
22 properties

About Herceg Novi

Herceg Novi is a picturesque and elegant port city with a population of around 12,000, located at the entrance to the Bay of Kotor, serving as an ideal starting point for exploring the entire region and as a gateway from the land side. Founded in 1382, the city has served for centuries as an important trading port, defensive fortress, and cultural center.

Location and geography

The city is known by the nickname “the city of a thousand steps” thanks to its unique terraced topography and numerous stairways connecting the different levels of the settlement, which is located on the steep slopes of the peninsula. Forte Mare Fortress, built in the 15th century and dominating the city, offers panoramic views of the entire Adriatic archipelago, the Bay of Kotor, the island of St. George, and Perast.

Beaches and nature

The climate here is especially mild and healthy thanks to protection from mountain ranges, and the flora is rich in diverse Mediterranean vegetation, including blooming magnolias, palms, cypresses, lemon and orange trees.

Infrastructure and services

Herceg Novi’s waterfront, known as the Riviera, is full of quality restaurants serving local cuisine, bars with panoramic views, modern galleries, shops, and spa centers, creating the atmosphere of an elegant and cosmopolitan seaside resort. The city is famous for cultural events, including the Summer Theatre and Music Festival, sea parades, magnolia flower festivals, and international exhibitions.

History and culture

The historical heritage includes Venetian palaces, Austro-Hungarian forts, churches, and a synagogue, reflecting the city’s centuries-long history under various rulers.

The infrastructure is well developed, with modern services, quality schools, medical facilities, and a well-developed tourism sector.

Real estate is represented by waterfront apartments with sea views, houses in the historic center with parquet floors and restored stone walls with original Venetian architectural details, as well as modern and luxurious hillside villas with private gardens.

The real estate market is active and attracts both international investors and people looking for a dream home on the Adriatic coast. The city is ideal for retirees who value the climate and culture, families seeking a comfortable lifestyle, and those who want to combine active cultural tourism with a fulfilling life on the coast.

Herceg Novi property market

Avg price per m²
€3,160
Average price
€751,800
Figures are based on active listings in the MDRealty database (over 10 m², at least 3 properties per sample). They describe our own listings, not official market data.

Frequently asked questions

What climate in Herceg Novi is known for its healing properties?
Herceg Novi is known for its favorable microclimate thanks to its protection by the mountains and the sea. The sea brings iodine-rich air that is beneficial for health. The climate is milder than in the south, with a good balance of warmth and humidity. Historically, the town was a health resort for people with respiratory diseases. This explains its popularity among older people and families with children.
What spa resorts and medical centers are there in Herceg Novi?
The town has several spa resorts and medical centers specializing in the treatment of asthma and other respiratory diseases. Popular sanatoriums offer mud treatments, physiotherapy, and sea-based therapies. The town attracts retirees and health-conscious people. Prices for treatment and accommodation in health resorts are relatively affordable.
How close is Herceg Novi to Croatia?
Herceg Novi is located just 30 km from the Croatian border and 50 km from the popular resort of Dubrovnik. This makes it easy to visit Croatia for shopping, entertainment, or tourism. The border is easy to cross by car. Some people come to Herceg Novi specifically for quick access to Croatia and the Adriatic coast.
What are the property prices in Herceg Novi?
Apartments in the center of Herceg Novi cost EUR 2,000-3,500/m², while in seaside areas they range from EUR 2,500-4,000/m². Villas can be found from EUR 300,000. Prices are lower than in Budva and Tivat, but higher than in Bar. The town attracts families and retirees, so demand for real estate remains stable.
What is known about the old town of Herceg Novi?
Herceg Novi Old Town was built by the Venetians in 1382 and has preserved its distinctive architecture. Narrow streets, old buildings, and the fortress create an atmosphere of history. The Old Town is less crowded with tourists than Kotor and feels more authentic. It has galleries, cafes, and shops selling local products. Walks through the Old Town are popular among tourists and residents.
What is the cost of living in Herceg Novi?
The cost of living in Herceg Novi is above the Montenegro average, but lower than in Budva. A restaurant lunch costs EUR 8-15, and apartment rent is EUR 400-700 per month. Groceries in supermarkets are moderately priced. Utilities are around EUR 90-110 per month. Health resorts and spa services can be expensive for retirees.
What beaches and beach activities are there in Herceg Novi?
The city's main beach (Plaža Herceg-Novi) is well developed with infrastructure. Smaller beaches (Zelenika, Igalo) are known for their healing mud. For active tourists, there are beaches for water sports. The sea in the bay is calm and suitable for families with children. From Herceg Novi, it is easy to reach the best beaches of the Bay of Kotor.
What infrastructure and entertainment are there in Herceg Novi?
The city has good infrastructure: a hospital, shops, schools, and banks. Entertainment includes gastronomic festivals, cultural events, and nightlife in bars. There are opportunities for yachting and diving. The city is quieter and more family-oriented than Budva, and is suitable for people who prefer culture and health over tourism.

Client reviews

4.9(30)
Евгения
Евгения
March 2025

I've been working with MD Realty for over a year. The well-coordinated team of Vyacheslav, Taisiya, and Alexandra imbues every process with professionalism, attention to detail, and customer care. For the first time, I don't have to think about or calculate all the pitfalls—Vyacheslav himself uncovers them from the depths of any property and brings only the best possible outcome to the transaction. As a result, I always successfully purchase apartments, and they provide a full package of services, including rental and subsequent management, if needed. They are also ready to assist with various issues unrelated to real estate—their experience and knowledge of Montenegro's legal framework are inspiring. I thank these guys for their quality participation in my projects and highly recommend them to anyone looking for specialists in this field.

Google
Olesya D
Olesya D
March 2025

Very happy with their professional approach! Bought myself an apartment this year with MD Realty, great support thought out the transaction + excellent management and rental service afterwards. Multi-language team with great knowledge of local laws.

Google
Oli 777
Oli 777
September 2025

Excellent service. The staff's 15 years of experience and expertise were truly impressive. Many thanks to Viachaslav for the comprehensive advice on the entire Montenegrin real estate market and for guiding us through the entire process with the notary, etc. We wholeheartedly recommend them to anyone looking for land or property in Montenegro.

Google
Eva Kozlova
Eva Kozlova
March 2022

We just purchased an apartment in Budva and wanted to send our biggest thanks to the realtor team Alexandra and Slava for their incredible work. They have the utmost professionalism, both are such a pleasure to work with - kind, diligent and really attentive to the specific needs of each respective client. Beyond just that, Slava and Alexandra were incredibly helpful all around, we got so much interesting and useful information from them - they answered all our questions, even outside of the purchase of property, we were always able to turn to them and they helped us out tremendously. Thank you both so much for your work and all your help, we couldn’t be happier, and can’t recommend them enough!

Google
Andrei Boulescu
Andrei Boulescu
March 2025

I have collaborated with MD Realty every year since 2021, and I couldn't be more satisfied with them. Professionalism, honesty, support, promptitude, all in the highest degree. I would warmly and wholeheartedly recommend them!

Google
Milenko Nestorov
Milenko Nestorov
March 2025

If you ever decide to buy your own home this will be the best agency to work with. 5 stars is not enough… Best recommendation… Excellent service and staff.. …

Google

Find property in Herceg Novi

Tell us what you are looking for and our agent will shortlist options that match your budget, preferred area and moving date.

Browse properties