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House 398 м² in Herceg Novi, Montenegro

679 891 $

1 708 $ /м²

4OgUe
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Area

398 м2

Bedrooms

5

Villa in Herceg Novi

Villa area 398 m2




Area of 1200 m2




Built in 2008






There is a swimming pool on the grounds. Central heating with solid fuel and electricity.


On the first floor there is an apartment with two bedrooms. The apartment consists of 2 bedrooms, bathroom, kitchen, hallway.


Second floor - room, bathroom, living room, kitchen, hall and dining room


Third floor three bedroom bathroom


Auxiliary facility behind the house and external grill. Mountain view.


The house is surrounded by forest

Services and facilities

Pool
Heating system

Additional details

Property type

Residential Properties

Floor

3

Object type

House

Price

679 891 $

Land area

1200

Characteristics

Pool
Heating system

Distance to key points, m

To sea 2000

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 (679 891 $) 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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