Skip to content

AI Summary

A luxurious 260 m² villa in Herceg Novi is waiting for its owners just 50 meters from the azure sea. This spacious house with 10 bedrooms and cozy balconies is ideal for a large family or a profitable investment project in one of the most beautiful cities in Montenegro.

HousesNo. 307

House in Herceg Novi No. 307

Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
€640,000
View: Sea view

Details

Area
260 m²
Land area
347 m²
Bedrooms
10
Parking
Yes
To sea
50 m
Price per m²
€2,462

Description

A magnificent warm house in Mediterranean style, 220 sq. m plus 40 sq. m of terraces in Herceg Novi, with a stunning, incredibly beautiful view of the bay and access to the open sea, with a well-maintained plot of land of 347 sq. m in the most elite area of the city, Savina.

The house has three floors. On the first floor there is a two-room apartment of 32 sq. m, a utility block, and a huge terrace overlooking the garden. On the second floor there are: one two-room apartment and one three-room apartment, a large balcony with a beautiful sea view. On the third floor there is a four-room apartment with two bathrooms and a large balcony. From the living room and two of the bedrooms there is access to the balcony with a fantastic view of the sea and the beach. The plot has orange, mandarin, lemon, grape, and flower plantings. Parking for one car is arranged. There is an additional water tank in case of water supply interruption.

The house finish was completed according to a designer project using high-quality finishing materials. The house is fully equipped with expensive furniture and household appliances.

Utilities: central water supply and sewerage, electricity, satellite TV, telephone, internet, video surveillance.

The sea is 50 m away. Savina has very clean small sandy-pebble beaches, a beautiful promenade with cozy cafes and restaurants.

The old town is a 10-minute walk away, and the nearest shop, pharmacy, and vegetable market are 100 m away.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€640,000
Property transfer tax
€30,400
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €8,400 (6% × 140,000)

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€31,550
Estimated costs to purchase the propertyTotal: €671,550

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”1.9 km
  • Kindergarten353 m
  • GroceriesMerkator 3 topla herceg novi173 m
  • Pharmacy199 m
  • HospitalInstitut Dr. Simo Milošević1.4 km
  • RestaurantTri Šešira90 m
  • Bus stop238 m
  • ATMNLB379 m
  • AirportTivat Airport17.1 km
  • PortMarina - Škver876 m
  • Sea50 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 50 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
€640,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,184/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,288/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,340/mo
Monthly payment
€2,957
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€448,000
Total interest€261,584
Loan amount
€448,000
Total interest
€261,584
Total payment
€709,584

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.

€640,000
€2,462/m²No. 307