Villa 500 м² in Herceg Novi, Montenegro

1 599 359 $

3 198 $ /м²

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Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #1

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #2

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #3

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #4

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #5

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #6

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #7

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #8

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #9

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #10

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #11

Villa 500m² in Montenegro, Herceg Novi. Priced at 1400000€ rent photo- #12

Area

500 м²

Bedrooms

Bathrooms

Villa in Herceg Novi. City - Herceg Novi

Wonderful, three-storey mansion of 500 square meters, consists of 5 bedrooms, 4 bathrooms, a spacious living room with kitchen and dining area, a large stone terrace with summer furniture, a patio with barbecue area and a large attic.The building consists of 4 levels. The nearest beach is just a few steps away.Also in walking distance are cafes, restaurants, stores and a long promenade.Location: Herceg Novi.Villa area: 500 sq.m.Plot area: 150 sq.m.Number of bedrooms: 5Number of bathrooms: 4

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Object type

Villa

Price

1 599 359 $

Land area

150

Characteristics

Furniture

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 (1 599 359 $) 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).