House Complex in Radovići No. 2244, 384 m²

Description

A complex of houses built in 1701 is for sale, located in Radovići, near the elite Lustica Bay complex. Situated in the very center of the village, which is under UNESCO protection, this complex includes ancient temples and houses with a rich historical heritage.

The reconstruction of the complex was carried out with special attention to detail, based on old photographs, in order to accurately recreate the original architecture. The total area of the three buildings is 383.67 square meters, and the plot covers 328 square meters. During the reconstruction, old stone was used, and concrete reinforcement was also carried out, in compliance with all necessary permits.

The future owner will have the opportunity to choose the interior finishing to their taste. The complex consists of four residential units, has shared inner and outer courtyards, as well as a barbecue area. There is the possibility of increasing the number of residential units by dividing the premises into apartments. Additionally, a plot for installing a swimming pool can be purchased.

Near the complex there is a large public parking area. The property offers picturesque views of the mountains, temples, and Mount Lovćen. The complex is connected to the city water supply, electricity network, and sewerage system.

This property is an excellent investment project both for rental and for personal residence.

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 2000 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.