Property Abroad

Montenegro

Herceg Novi

Villa

Villa 500 м² in Herceg Novi, Montenegro

1 540 556 $

3 081 $ /м²

4OTwo

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #1

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #2

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #3

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #4

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #5

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #6

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #7

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #8

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #9

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #10

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #11

Villa 500m² in Montenegro, Herceg Novi. Priced at 1300000€ rent photo- #12

Area

500 м²

Bedrooms

Villa in Herceg Novi. City - Herceg Novi

Villa in the village of Meline, near Herceg Novi - old, family mansion with 5 bedrooms, a huge terrace and its own yard right on the 1 line of the sea. Location: Herceg-Novi Area of the villa: 500 sqm. Plot area: 150 sq.m. No. of bedrooms: 5 No. of bathrooms: 4

Services and facilities

Pool

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

Residential Properties

Object type

Villa

Price

1 540 556 $

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 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 (1 540 556 $) 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).