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AI Summary

A spacious apartment of 103 sq. m, just 50 meters from the azure coast of Herceg Novi, will become your ideal home by the sea. You will find two cozy bedrooms, a bright living room, and two balconies where it is so pleasant to greet the sunrises with a cup of coffee, enjoying the sea breeze.

ApartmentsNo. 947

Apartment in Herceg Novi No. 947

Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
€390,000
View: Sea view

Details

Area
103 m²
Bedrooms
2
Bathrooms
1
Floor
1/2
Parking
Yes
To sea
50 m
Price per m²
€3,786

Description

Apartment in one of the best complexes located in the Bay of Kotor. The apartment is on the first floor of a two-story building. Its area is 103 m² plus a large terrace of 40 m². The apartment also comes with a small plot of 39 m², which has a parking space.

Amenities

Sea ViewAir conditioningParkingFirst lineTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€390,000
Property transfer tax
€16,500
€4,500 (3% × 150,000) + €12,000 (5% × 240,000)

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€17,398
Estimated costs to purchase the propertyTotal: €407,398

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”1.6 km
  • Kindergarten647 m
  • GroceriesDAB-UNA213 m
  • Pharmacy498 m
  • HospitalInstitut Dr. Simo Milošević1.7 km
  • Restaurant362 m
  • Bus stopTurion410 m
  • ATMNLB639 m
  • AirportTivat Airport16.8 km
  • PortMarina - Škver889 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
€390,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,940/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,003/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,035/mo
Monthly payment
€1,802
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€273,000
Total interest€159,403
Loan amount
€273,000
Total interest
€159,403
Total payment
€432,403

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.

€390,000
€3,786/m²No. 947