AI Summary

A land plot in picturesque Herceg Novi is the ideal place to build the home of your dreams, just 950 meters from the azure coast. This is an excellent offer for those seeking privacy and magnificent views in one of the coziest towns in Montenegro, priced at 125,000 EUR.

Plot in Herceg Novi No. 1519

Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
Цена по запросу

Details

Land area
1860 м²
To sea
950 m

Description

A building plot for sale in the Topla area, near the city of Herceg Novi, 950 meters from the seashore by the Orjen mountain massif.

Within just a 15-minute walk are shops, markets, bakeries, tennis courts, beauty salons, restaurants and cafes, as well as one of the best beaches of the Herceg Novi Riviera – Rafaello.

The parcels adjacent to the plot are not designated for urban development, meaning they will not be built on, and are marked as “green zones.”

All city utilities have been connected to the plots: municipal water supply, electricity, road access, city sewerage, low-voltage networks. A good wide road leads to the plot, while the complex is set back 50 meters from the main highway, ensuring a quiet, private atmosphere.

The plots have been surveyed and subdivided, a geodetic survey has been completed, the plots have been cleared of excess vegetation, a geomechanical soil study has been carried out, and urban-technical conditions have been obtained for all plots. A project has been developed for one plot, and a building permit has been obtained.

An ideal place to invest in building villas for rental, or for personal residence.

Total plot area: 1860 m2. Plots of 450 m2, 501 m2, and 764 m2 are offered for sale. It is possible to combine adjacent parcels.

The price of plot No. 5, with an area of 450 m2, with a full package of documents, all necessary approvals, elaborates, a project, and a building permit is 68,000 euros.

The price of plot No. 8, with an area of 501 m2, is 48,000 euros;

The price of plot No. 6, with an area of 764 m2, is 77,000 euros.

When purchasing all plots at once, a discount applies. The price of the entire plot area of 1860 m2 is 125,000 euros, which comes out to less than 100€ per m2.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
148 000 €
Real estate transfer tax
4 440 €
4 440 € (3% × 148 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs5 052 €
Estimated costs to purchase the propertyTotal: 153 052 €

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”2.3 km
  • Kindergarten560 m
  • GroceriesVoli182 m
  • Pharmacy337 m
  • HospitalInstitut Dr. Simo Milošević1.2 km
  • RestaurantThe Godfather159 m
  • Bus stop416 m
  • ATMPrva Banka DSK519 m
  • AirportTivat Airport17.5 km
  • PortMarina - Škver1.3 km
  • Sea950 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 950 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
€148,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€736/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€760/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€772/мес
Monthly payment
€684
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€103,600
Total interest€60,491
Loan amount
€103,600
Total interest
€60,491
Total payment
€164,091

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.

Цена по запросу
1519