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.

Apartment in Herceg Novi No. 1135

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

Details

Area
658 м²
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.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

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

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs52 893 €
Estimated costs to purchase the propertyTotal: 1 042 893 €

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%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€4,925/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€5,086/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€5,167/мес
Monthly payment
€4,573
Over 240 months · at 5.0% p.a.
63%тело
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?

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Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

990 000 €
1 505 €/m²1135