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Land 1 м² in Zukovica, Montenegro

1 120 600 $

1 120 600 $ /м²

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Area

1 м2

Bathrooms

1

Glavaticici land for sale

This land for sale is located in untouched nature near Bigova Bay, in the village of Glavaticici. Just 18 km from the UNESCO-protected Old Town of Kotor, you will find this plot surrounded by greenery, on a hillside, with a stunning view of the open sea.

The size of the land is 11,206 m2, with a total gross build area of 3,032 m2. A luxury tourist complex could emerge on this plot in the future, as the chief state architect's office has approved the conceptual design for the Glavaticici tourist settlement.

The landowner's conceptual design includes plans for the construction of seven villas and a hotel. The hotel will feature a restaurant, wellness & spa, congress center, and a children's playground. Each villa will consist of three bedrooms, a swimming pool, and a private yard.

Although this plot is situated away from large urban areas, it has good connections to three airports - Tivat (16 km), Podgorica (83 km), and Dubrovnik (68 km), as well as the Porto Montenegro marina for superyachts (20 km).

At a time when people are fleeing overcrowded tourist spots in search of peace and the chance to enjoy the nature and beauty that the Montenegrin coast offers, this land, along with the prepared design concept, presents a great investment opportunity. Give us a call or send an email for all further details and information you need.

Property features
* Peaceful area
* Sea View

Additional details

Property type

Residential Properties

Object type

Land

Price

1 120 600 $

Land area

11206

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Zukovica; 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 Zukovica 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 (1 120 600 $) 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 Zukovica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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