Skip to content

AI Summary

A luxurious 432 sq. m villa in picturesque Herceg Novi will become your ideal retreat on the Adriatic coast. This spacious five-bedroom home is designed for those who value comfort and privacy, offering a premium lifestyle surrounded by breathtaking sea views.

No. 1987

Villa in Đenovići No. 1987

Kumbor · Bay of Kotor, D-Marin Portonovi Marina, Obala crvenih mornara, Đenovići, Municipality of Herceg Novi, 85345, Montenegro
€1,300,000
View: Sea view

Details

Area
432 m²
Land area
850 m²
Bedrooms
5
Bathrooms
4
To sea
500 m
Price per m²
€3,009

Description

A new three-story villa with full furnishings is designed in a modern style and is located in the cozy suburb of Herceg Novi, geographically situated five minutes by car from the elite Portonovi complex. On a plot of 850 m2, landscaping has been completed, and it features its own swimming pool, relaxation area, and barbecue area. The villa itself, with an area of 432 m2, includes 5 bedrooms, a living room, a kitchen, and a sauna. The terraces offer panoramic views of the Bay of Kotor.

Amenities

Swimming poolSea ViewGrillAir conditioningFully furnishedGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€1,300,000
Property transfer tax
€70,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €48,000 (6% × 800,000)

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€71,842
Estimated costs to purchase the propertyTotal: €1,371,842

Location

What's nearby

  • SchoolAdriatic School1.1 km
  • GroceriesMarket Teki843 m
  • PharmacyMaxima Pharmacy1.3 km
  • RestaurantRestoran Olimpija841 m
  • Bus stopOlympia851 m
  • ATM822 m
  • AirportTivat Airport11.6 km
  • PortPortonovi Marina1.5 km
  • Sea500 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 500 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
€1,300,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€6,467/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€6,678/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€6,785/mo
Monthly payment
€6,006
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€910,000
Total interest€531,343
Loan amount
€910,000
Total interest
€531,343
Total payment
€1,441,343

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.

€1,300,000
€3,009/m²No. 1987