Villa 500 м² in Herceg Novi, Montenegro

ID 4OdB4

Area: 500 m²
Bedrooms: 5
Bathrooms: 5

Description

Villa in Herceg Novi. City - Herceg Novi

Location: Herceg NoviArea of villas: 500-750 sq.m.Area of plots: 1600 sq.m.Number of bedrooms: 3-5Number of bathrooms: 3-5For sale are offered 2 villas, each of which is a real, modern palace, located in one of the most beautiful areas of Herceg Novi. The territory of each property is 1600 sq.m., on which is spread a young orchard with citrus trees, cherries, cherries, peaches, apricots, figs. From the territory of the villa, and especially from its numerous terraces, open truly impressive views of the sea and the city - all 360 degrees!The villas are very conveniently located - you can walk to the sea, stores, restaurants and cafes in 10-15 minutes.Each villa consists of 4 floors. The 1st villa, 500 square meters, has 3 bedrooms, the 2nd villa, 750 square meters, has 5 bedrooms.Detailed layout of the 5 bedroom villa:- On the 1st floor there is a large garage, laundry room, sauna with phyto barrel, bar area and bathroom.- On the 2nd floor there is a huge living room, a fully equipped kitchen, a dining area, a bathroom, one bedroom with a comfortable sofa bed for 2 people and access to the pool area. Sun beds and beach towels are at your disposal. The whole area is fenced, so you do not have to worry about the safety of children.- On the 3rd floor there are two spacious bedrooms, two bathrooms with Jacuzzi, 2 small terraces and a huge terrace with beautiful sea views.- On the 4th floor there are

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 1 446 510 $
Land area: 1600 m²

Services and facilities

Garage/parking
Pool

FAQ

How can I get a residence permit by buying property in Montenegro?

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.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 446 510 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

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).