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AI Summary

A spacious 250 m² house in sunny Herceg Novi will be the perfect place for your family or a profitable investment. It offers 5 cozy bedrooms, two bright living rooms, and sunny balconies with beautiful views, while the azure sea is just a pleasant 600-meter walk away.

HousesNo. 373

House in Herceg Novi No. 373

Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
€370,000
View: Sea view

Details

Area
250 m²
Land area
250 m²
Bedrooms
5
Parking
Yes
To sea
600 m
Price per m²
€1,480

Description

Very nice house, two floors with a convenient attic, in the city of Herceg Novi. This city was founded in the 14th century, although it is younger than its neighbors, but there are many architectural monuments here. In the surrounding area there are mineral water springs, and there are also therapeutic muds. It is a good SPA resort. By buying a house in Montenegro, namely in Herceg Novi, you will get the opportunity to improve your health and have a pleasant time. The house is fully equipped, with all furniture. It has five bedrooms, a large living room, two bathrooms and, of course, a kitchen. In total, 250 sq. m., the plot is the same size. Near the house, there is also a place for your car. It takes less than ten minutes to walk to the sea. But if you want to sunbathe, you can also use one of the five large terraces.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€370,000
Property transfer tax
€15,500
€4,500 (3% × 150,000) + €11,000 (5% × 220,000)

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€16,366
Estimated costs to purchase the propertyTotal: €386,366

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”1.7 km
  • Kindergarten441 m
  • GroceriesAlter modus herceg novi86 m
  • PharmacyApoteka Veselin109 m
  • HospitalInstitut Dr. Simo Milošević1.5 km
  • RestaurantCoffee Novi32 m
  • Bus stopCENTAR277 m
  • ATM264 m
  • AirportTivat Airport16.9 km
  • PortMarina - Škver493 m
  • Sea600 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 600 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
€370,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,841/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,901/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,931/mo
Monthly payment
€1,709
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€259,000
Total interest€151,228
Loan amount
€259,000
Total interest
€151,228
Total payment
€410,228

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.

€370,000
€1,480/m²No. 373