AI Summary

A unique land plot in picturesque Herceg Novi, offering panoramic views of the Adriatic coast just 3 km from the sea. This is the ideal space to realize your investment project or build the villa of your dreams in one of the most beautiful corners of Montenegro. The property price is 585,000 euros.

Plot in Herceg Novi No. 1083

Herceg Novi · Bay of Kotor, Kuti, Montenegro
585 000 €
View: Sea view

Details

Land area
38868 м²
To sea
3000 m

Description

In the city of Herceg Novi, in the Kuti area, a spacious plot is for sale, located about 3 kilometers from the sea and the nearest beach.

The total area of the plot is 38,868 m2. There is a road leading to the plot, electricity and water are not available, but connection is possible. The plot offers a beautiful view of the sea and mountains. The plot is urbanized, and it is possible to build several two-story houses/villas. The building coefficient is 0.8, and the occupancy coefficient is 0.4.

Amenities

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
585 000 €
Real estate transfer tax
27 100 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 5 100 € (6% × 85 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs28 168 €
Estimated costs to purchase the propertyTotal: 613 168 €

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”1.1 km
  • Kindergarten1.0 km
  • GroceriesSlatka kuća94 m
  • Pharmacy156 m
  • HospitalPorodilište Meljine1.4 km
  • RestaurantKonoba Mala Kužina102 m
  • Bus stopSTANICA "KOD TONSATIJA"28 m
  • ATM157 m
  • AirportTivat Airport16.2 km
  • PortMarina - Škver344 m
  • Sea3.0 km

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 3000 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
€585,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,910/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,005/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,053/мес
Monthly payment
€2,703
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€409,500
Total interest€239,105
Loan amount
€409,500
Total interest
€239,105
Total payment
€648,605

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.

585 000 €
1083