A high-angle view of a coastal town, sea, mountains, and a house with a red roof.

A natural landscape view with trees, bushes, and dry vegetation on a slope.

A sloped concrete road winding down a hill toward a town and sea in the distance.

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AI Summary

“Your ideal corner in the Bay of Kotor: a picturesque 375 sq. m plot just 1.5 km from the azure sea. This is a great opportunity to build the home of your dreams in one of the most beautiful places in Montenegro at an attractive price — only 40,000 euros!”

LandNo. 454

Land Plot in Herceg Novi No. 454

Bay of Kotor

€40,000

View: Sea view

Details

Area

375 m²

Land area

375 m²

To sea

1500 m

Price per m²

€107

Description

The plot is located in the immediate vicinity of the famous health resort of Igalo, Gomila district, Herceg Novi, Bay of Kotor. The plot offers a stunning sea view! The climatic conditions of this area contribute to rapid health recovery. Near the plot there is city water supply and electricity. According to the detailed city plan, there is the possibility of constructing a 675 m2 building. The owners of the plot have prepared a project for the construction of a three-story house with a total area of 332.46 m2 and undertake to prepare and coordinate all construction documents.

Amenities

Sea View

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: €40,000
Property transfer tax: €1,200
Notary fees: €441.65

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€1,642

Estimated costs to purchase the propertyTotal: €41,642

Location

What's nearby

SchoolOsnovna škola “Milan Vuković”1.8 km
Kindergarten330 m
Groceries85 m
PharmacyApoteka Veselin247 m
HospitalInstitut Dr. Simo Milošević1.4 km
Restaurant106 m
Bus stop263 m
ATMNLB228 m
AirportTivat Airport17.0 km
PortMarina - Škver634 m
Sea1.5 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 1500 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.

Land