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AI Summary

A luxurious 320 sq. m villa in the picturesque Dražin Vrt is located just 30 meters from the azure sea. This spacious home with four cozy bedrooms, a bright living room, and a functional kitchen will be the perfect place for comfortable living and an unforgettable seaside getaway.

No. 704

Villa in Dražin Vrt No. 704

Dražin Vrt · Bay of Kotor, Dražin Vrt, Montenegro
€695,000
View: Sea view

Details

Area
320 m²
Land area
397 m²
Bedrooms
4
Bathrooms
3
Parking
Yes
To sea
30 m
Price per m²
€2,172

Description

Restored stone house in Drazin Vrt. Beautiful, three-story house, 300 m2. The house was renovated to the highest standards in 2015. The first floor consists of a spacious living area combined with a modern kitchen, fully equipped with new appliances.
The second floor consists of two large bedrooms, each with an en-suite bathroom. Each bedroom offers a stunning sea view.
The third floor of the house consists of two bedrooms, a large bathroom, as well as a spacious entertainment room with a high ceiling. A few steps from the house, there is a staircase leading to the sea, which is only 30 meters away.

Amenities

Swimming poolSea ViewAir conditioningParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€695,000
Real estate transfer tax
€33,700
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €11,700 (6% × 195,000)

Possible additional costs

  • Cadastre applicationsfrom €30
  • Ownership sheets (listovi) for the dealfrom €7
  • Sworn translator services· per contract / hourfrom €50
Total required costs€34,894
Estimated costs to purchase the propertyTotal: €729,894

Location

What's nearby

  • GroceriesCity Market2.3 km
  • RestaurantBajova Kula243 m
  • Bus stop233 m
  • ATMPRVA Banka CG2.3 km
  • AirportTivat Airport9.1 km
  • PortLepetane4.4 km
  • Sea30 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 30 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
€695,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,457/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,570/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,627/mo
Monthly payment
€3,211
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€486,500
Total interest€284,064
Loan amount
€486,500
Total interest
€284,064
Total payment
€770,564

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.

€695,000
€2,172/m²No. 704