Apartment in Herceg Novi No. 1135, 658 m²

Description

An enormous 4-room apartment and 2 non-residential premises beneath it are offered for sale on the most beautiful waterfront in a new modern complex, built in 2007, in the resort area of Herceg Novi, Savina, with a huge terrace and a stunning sea view, with a total area of 658 m2, of which 237 m2 are terraces. In addition, the apartment includes a restaurant space on the waterfront and a equipped beach, leased for 10 years. The apartment can be used as a mini-hotel or a luxury apartment, taking advantage of its exceptional location.
The apartment and office space are unfurnished.
The apartment features: 3 bedrooms, 2 bathrooms, a kitchen-living room, 2 entrances to the apartment, oak parquet in the rooms, and tiles in the kitchen area and bathrooms. The office space has tiled flooring.
The Savina district is rightfully considered the most beautiful and prestigious area of Herceg Novi: there are many exotic plants, luxurious villas, a beautiful waterfront with cozy cafes and restaurants, and no noisy discos or children's attractions, yet it is only a 10-minute walk to the old town. Nearby (50 m) are the Alexander Hotel and Plaža. Shops are 100 m away, the beach is 5 m away. Tivat Airport is 16 km away, and Dubrovnik Airport is 25 km away.

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 5 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.