Panoramic view of the sea and the Bay of Kotor from a plot of land in Herceg Novi, Montenegro.

Land plot in Herceg Novi, Montenegro: panoramic view of a hillside with trees and urban buildings in the distance.

Concrete driveway to a land plot in Herceg Novi, Montenegro, with panoramic views of the bay.

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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!”

Sale Land#454

Land Plot in Herceg Novi No. 454

Bay of Kotor

40 000 €

View: Sea view

Details

Area

375 м²

Land area

375 м²

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.

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Amenities

Sea View

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: 40 000 €
Real estate transfer tax: 1 200 €
Notary fees: 424 €

Possible additional costs

Cadastre applicationsfrom 30 €
Ownership sheets (listovi) for the dealfrom 7 €
Sworn translator services· per contract / hourfrom 50 €

Total required costs1 624 €

Estimated costs to purchase the propertyTotal: 41 624 €

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.

Sale Land