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House 203 м² in Herceg Novi, Montenegro

234 445 $

1 154 $ /м²

4Ocmd
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Area

203 м2

Bedrooms

5

Year of construction

0198

Part of house with plot for sale on Podi

Part of a house on Podi with a plot is for sale.

2 floors: the lower one with a garage and parking for several cars has an area of 105 m2. There are two bedrooms, one workshop space, two bathrooms and a storage room under the stairs. On the top floor of 98 m2 there is a spacious living room with kitchen, a terrace overlooking the sea, two bedrooms, a bathroom and another terrace overlooking the courtyard. Plot 370 m2. The house has a common water tank in case of outages, 500 m3, natural stone finishing, common staircase. There is a septic tank and sewerage.
The documents are in the process of legalization, the house was built according to the project, this part of the house is owned by father, mother and daughter, everyone is interested in selling.

Services and facilities

Garage/parking
Pantry

Additional details

Property type

Residential Properties

Floor

2

Object type

House

Price

234 445 $

Land area

370

Characteristics

Garage/parking
Pantry

Distance to key points, m

To sea 1200

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Herceg Novi short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (234 445 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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