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AI Summary

A spacious 107 m² apartment in Igalo is located just 50 meters from the azure sea. The bright and cozy interiors include three bedrooms, a living room, and a bathroom, while the terrace offers a beautiful view of the coastline. This is an ideal offer for comfortable living or a holiday in one of the coziest corners of Montenegro, priced at EUR 160,000.

No. 1376

Apartment in Igalo No. 1376

Igalo · Bay of Kotor, Igalo, Montenegro
€160,000
View: Sea view

Details

Area
107 m²
Bedrooms
1
Bathrooms
1
Floor
1/2
Parking
Yes
To sea
50 m
Price per m²
€1,495

Description

A two-bedroom apartment for sale in the northern district of the city of Herceg Novi, Igalo, near the border with Croatia. Just a five-minute walk to a magnificent sandy-pebble beach.

The total area of the apartment is 107 m2.

Apartment layout: living room combined with kitchen, bedroom, bathroom, and terrace.

The windows and terrace offer a beautiful view of the Adriatic Sea. Shops, restaurants, cafes, and a park are within walking distance.

The apartment is fully furnished.

Amenities

Sea ViewAir conditioningParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€160,000
Property transfer tax
€5,000
€4,500 (3% × 150,000) + €500 (5% × 10,000)

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€5,646
Estimated costs to purchase the propertyTotal: €165,646

Location

What's nearby

  • KindergartenNaša radost248 m
  • GroceriesIDEA180 m
  • Pharmacy240 m
  • HospitalInstitut Dr. Simo Milošević202 m
  • RestaurantMali Raj90 m
  • Bus stopSTARA BANJA157 m
  • ATM194 m
  • AirportTivat Airport18.6 km
  • PortMarina - Škver2.1 km
  • 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
€160,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€796/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€822/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€835/mo
Monthly payment
€739
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€112,000
Total interest€65,396
Loan amount
€112,000
Total interest
€65,396
Total payment
€177,396

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.

€160,000
€1,495/m²No. 1376