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AI Summary

A cozy one-bedroom apartment in picturesque Igalo, located just 300 meters from the azure coastline. This is an ideal option for a comfortable holiday or a profitable investment in Montenegro real estate at an attractive price of 87,500 euros. The residential complex combines the tranquility of a seaside resort with access to all necessary infrastructure within walking distance.

No. 1931

Apartments in Igalo No. 1931

Igalo · Bay of Kotor
from€243,012
View: Mountain view

Details

Area
51–116 m²
Rooms
1–3
Bedrooms
0–2
Bathrooms
1–2
Year built
2024
Parking
Yes
To sea
300 m
Riverside
Part of projectResidential complex

Riverside

Igalo
2 units in the project
Open
Inside the project

Description

Residential apartment complex “River Side” in Igalo. The complex is currently in the interior finishing stage. Completion is scheduled for 2021.

Apartment options for sale:

  • One-bedroom apartments with an area of 39 - 93 m2 from 87,500 euros.
  • Apartments with two bedrooms, with an area of 67-116 m2, priced from 148,450 euros.

Amenities

Swimming poolMountain viewSea ViewAir conditioningElevatorTerraceIntercomAlarm systemParkingManagement companyGym

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€243,012
Property transfer tax
€0
Not payable — purchase from a developer / investor (VAT payer), so the cost is 0 €.

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€741
Estimated costs to purchase the propertyTotal: €243,753

Location

What's nearby

  • KindergartenNaša radost1.4 km
  • GroceriesPrimato495 m
  • Pharmacy1.1 km
  • HospitalInstitut Dr. Simo Milošević - II Faza1.0 km
  • RestaurantMesara531 m
  • Bus stopIGALO - DUBROVAČKA485 m
  • ATM1.3 km
  • AirportTivat Airport19.1 km
  • PortMarina - Škver2.6 km
  • Sea300 m

Video2

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 300 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
€243,012
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,209/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,248/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,268/mo
Monthly payment
€1,123
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€170,108
Total interest€99,325
Loan amount
€170,108
Total interest
€99,325
Total payment
€269,433

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.

€243,012
No. 1931