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AI Summary

A luxurious business residence in picturesque Kostanjica offers a unique combination of elegance and comfort across 213 sq. m. Owners can enjoy a magnificent landscaped area with a private swimming pool and an impressive exterior that creates an atmosphere of exceptional prestige. This is an ideal investment solution for those who value aesthetics and exclusive status in one of the most beautiful locations on the coast.

No. 2502

Ruins in Kostanjica No. 2502

Kostanica · Bay of Kotor
€3,552,400
View: Sea view

Details

Area
213 m²
Land area
12507 m²
Year built
1890
Price per m²
€16,678

Description

Land with ruins on the first line to the sea — Kostanjica

A unique plot of land is for sale in the villageKostanjica, located just10 meters from the shore. This is one of the most picturesque and sought-after places in the Bay of Kotor, ideally suited for building a private residence or a boutique property.

Plot features

The plot has impressive potential thanks to its size, proximity to the sea, and the presence of ancient ruins, which can serve as the basis for restoration or a new architectural project.

Its first-line location provides direct access to the water and guarantees panoramic views of the bay, creating exceptional conditions for developing a premium-class property.

This plot is a rare opportunity to acquire a large area by the sea in one of the most beautiful and prestigious locations in Montenegro.

Amenities

Sea View

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€3,552,400
Real estate transfer tax
€205,144
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €183,144 (6% × 3,052,400)

Possible additional costs

  • Cadastre applicationsfrom €30
  • Ownership sheets (listovi) for the dealfrom €7
  • Sworn translator services· per contract / hourfrom €50
Total required costs€209,327
Estimated costs to purchase the propertyTotal: €3,761,727

Location

What's nearby

  • SchoolE-Gimnazija387 m
  • KindergartenFiksiklub409 m
  • Groceries124 m
  • PharmacyMogren30 m
  • HospitalDom zdravlja39 m
  • RestaurantCaffeine60 m
  • Bus stopCrvena zgrada263 m
  • ATMZapad Banka64 m
  • AirportTivat Airport15.8 km
  • PortMarina Budva1.1 km
  • Sea677 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.
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
€3,552,400
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€17,672/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€18,248/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€18,540/mo
Monthly payment
€16,411
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€2,486,680
Total interest€1,451,957
Loan amount
€2,486,680
Total interest
€1,451,957
Total payment
€3,938,637

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.

€3,552,400
€16,678/m²No. 2502