Skip to content

AI Summary

A luxurious villa with an area of 658 m² is located in a unique place — just 5 meters from the azure sea in picturesque Herceg Novi. This spacious residence with three bedrooms, bright living rooms, and cozy balconies offers ideal conditions for an elite holiday on the Adriatic coast. This is an exceptional offer for those who dream of maximum comfort and direct proximity to the beach.

ApartmentsNo. 1135

Apartment in Herceg Novi No. 1135

Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
€990,000

Details

Area
658 m²
Bedrooms
3
Bathrooms
2
Floor
1/?
Parking
Yes
To sea
5 m
Price per m²
€1,505

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.

Amenities

Sea ViewAir conditioningParkingFirst lineTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€990,000
Property transfer tax
€51,400
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €29,400 (6% × 490,000)

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€52,927
Estimated costs to purchase the propertyTotal: €1,042,927

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”1.6 km
  • Kindergarten608 m
  • GroceriesDAB-UNA235 m
  • Pharmacy468 m
  • HospitalInstitut Dr. Simo Milošević1.7 km
  • Restaurant306 m
  • Bus stopTurion443 m
  • ATM581 m
  • AirportTivat Airport16.8 km
  • PortMarina - Škver821 m
  • Sea5 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 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.

Calculate mortgage

Beta · still being polished
Property price
€990,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€4,925/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€5,086/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€5,167/mo
Monthly payment
€4,573
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€693,000
Total interest€404,638
Loan amount
€693,000
Total interest
€404,638
Total payment
€1,097,638

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.

€990,000
€1,505/m²No. 1135