Villa 140 м² in Herceg Novi, Montenegro

ID 4OdGL

Area: 140 m²
Bedrooms: 3
Bathrooms: 2

Description

Villa in Herceg Novi. City - Herceg Novi

A complex of eight villas in a modern style, immersed in a grove of olive trees.Each villa has functional planning solutions, modern energy saving systems, private plots from 500 m2 to 1200 m2.LocationHerceg Novi is rightly considered one of the most beautiful cities of the Adriatic. The complex is located in the area of Podi - a quiet and green place just 3 x km from the center. Convenient access roads allow for a few minutes to get to the beach, five kilometer promenade, marina, a number of supermarkets, restaurants, schools, kindergarten and other infrastructure facilities.Flexible purchase terms are offered - from full payment to installment payments.Depending on the chosen option of the villa, finishing and payment. The price range is formed from439 000 to 650 000 eurosAdvantages- High energy efficiencyCooling and heating of the villa is made by modern energy-saving systems- No purchase taxBuyer does not pay real estate turnover tax on the purchase as the sale is made directly from the developer's company.- Low cost of ownershipThe approximate amount of annual tax is about 300 euros.Location: Herceg NoviVilla area: 128-140 m2Plot area: 499-1200 м2No. of bedrooms: 3Number of bathrooms: 2-3

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 512 108 $
Land area: 500 m²

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 (512 108 $) 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).