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AI Summary

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

No. 1519

Plot in Herceg Novi No. 1519

Current as of August 30, 2026
Herceg Novi · Bay of Kotor, Herceg Novi, Montenegro
€160,000

Details

Land area
1860 m²
To sea
950 m

Description

An investment-attractive land plot is offered for sale in the picturesque Topla area, near the town of Herceg Novi, just 950 meters from the sea, at the foot of the Orjen mountain range.

The location combines tranquility, natural harmony, and convenient access to urban infrastructure. Just a 15-minute walk away are shops, markets, bakeries, restaurants, cafes, tennis courts, and beauty salons. Nearby is one of the best beaches of the Herceg Novi Riviera - Rafaelo Beach, known for its cleanliness and comfort.

A special advantage is the surroundings: neighboring plots have the status of "green zones" and are not subject to development, which guarantees the preservation of panoramic views and privacy.

All city utilities are connected to the plots: water supply, electricity, sewage, road, and low-current networks. A convenient wide entrance provides comfortable access, while the territory itself is located 50 meters from the main highway - tranquility and seclusion are guaranteed.

The plot is fully prepared for construction: - land surveying and geodetic survey completed - geomechanical soil research conducted - territory cleared - urban-technical conditions obtained - for one of the plots, a project has been developed and a construction permit obtained

This is an ideal place for building villas for subsequent rental or creating your own cozy home by the sea in one of the most promising regions of Montenegro.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€160,000
Property transfer tax
€5,000
€4,500 (3% × 150,000) + €500 (5% × 10,000)

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€5,646
Estimated costs to purchase the propertyTotal: €165,646

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
€160,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€796/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€822/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€835/mo
Monthly payment
€739
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€112,000
Total interest€65,396
Loan amount
€112,000
Total interest
€65,396
Total payment
€177,396

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.

€160,000
No. 1519