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AI Summary

A spacious house for sale in Herceg Novi with an area of 265 m² on a 753 m² plot, just 800 m from the sea and close to the city center. The house is fully furnished and includes 5 bedrooms, 3 bathrooms, two separate living units, a terrace, a garden, parking, and magnificent views of the sea, mountains, and the city.

HousesNo. 2617

House in Herceg Novi No. 2617

Herceg Novi · Bay of Kotor
€695,000
View: Sea view, Mountain view, City view

Details

Area
265 m²
Land area
753 m²
Rooms
8
Bedrooms
5
Bathrooms
3
Parking
Yes
To sea
800 m

Description

We offer for sale a house with a total area of 265 m², located on a 753 m² plot in Herceg Novi, near the city center.

The property is a functional solution with two separate residential units and an additional auxiliary building, making it convenient both for a large family and for use as an investment project.

Main features:

  • House area: 265 m²
  • Plot: 753 m²
  • Garage: 23 m²
  • Parking: yes
  • Type: house with an additional building

House layout:

First level (ground floor):

  • 2-bedroom apartment
  • Bathroom

Second level (first floor):

  • 2-bedroom apartment
  • Bathroom

Each floor is a separate residential unit, which makes it possible to use the house for separate living or for rental purposes.

Additional building:

There is a separate auxiliary house on the plot:

  • Kitchen with dining area
  • Bedroom
  • Bathroom
  • Storage room

This property can be used as a guest house, rental unit, or additional living space.

Plot and grounds:

The spacious 753 m² plot includes:

  • a well-maintained area with greenery
  • convenient access
  • parking spaces
  • garage

The plot also allows for the creation of a relaxation area, garden, or swimming pool.

Location:

The house is located in a residential area of Herceg Novi, not far from the city center. The area combines convenient access to infrastructure with a peaceful living atmosphere.

  • Center — 5–7 minutes
  • Supermarkets — 300–700 m
  • Cafes and restaurants — 300–800 m
  • Sea and promenade — about 10–15 minutes

Investment potential:

Properties with multiple residential units and an additional building are in stable demand on the market, as they allow combining personal living with rental income; the presence of two separate apartments and an auxiliary house significantly expands the options for using the property, and the location near the center of Herceg Novi and the presence of a plot make this property promising in terms of long-term value growth and stable profitability.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€695,000
Real estate transfer tax
€33,700
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €11,700 (6% × 195,000)

Possible additional costs

  • Cadastre applicationsfrom €30
  • Ownership sheets (listovi) for the dealfrom €7
  • Sworn translator services· per contract / hourfrom €50
Total required costs€34,894
Estimated costs to purchase the propertyTotal: €729,894

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”829 m
  • Kindergarten723 m
  • GroceriesCity Market147 m
  • PharmacyTea Medica209 m
  • HospitalPorodilište Meljine1.1 km
  • RestaurantVidikovac88 m
  • Bus stopDUBRAVA132 m
  • ATMPrva Banka Crne Gore441 m
  • AirportTivat Airport16.1 km
  • PortMarina - Škver762 m
  • Sea800 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 800 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
€695,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,457/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,570/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,627/mo
Monthly payment
€3,211
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€486,500
Total interest€284,064
Loan amount
€486,500
Total interest
€284,064
Total payment
€770,564

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.

€695,000
No. 2617