Villa area: 350 sq.m. Plot area: 750 sq.m. No. of bedrooms: 5 No. of bathrooms: 5 Spacious new-built luxury villa located in the quiet village of Djenovici near the popular resort of Herceg Novi.
Services and facilities
Pool
Garage/parking
Balcony or terrace
Lift
Additional details
Property type
Residential Properties
Object type
Villa
Price
1 518 529 $
Condition
Furnished
Characteristics
Pool
Garage/parking
Balcony or terrace
Lift
Sea View
FAQ
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Denovici; 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 Denovici 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 (1 518 529 $) 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 Denovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
Nestled on the peaceful hillside of Podi, just above Herceg Novi, this exceptional contemporary villa offers complete privacy, breathtaking panoramic...