Land 1 м² in Herceg Novi, Montenegro

154 938 $

154 938 $ /м²

4Octd

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #1

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #2

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #3

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #4

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #5

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #6

Land 1m² in Montenegro, Herceg Novi. Priced at 130000€ rent photo- #7

Area

1 м²

Urbanized plot with sea view

Urbanized plot is located in Podi, 2.5 km from the sea

Area 1530 m2

Beautiful view of the sea and mountains

Construction of houses with coefficients of 0.4 building spot, 0.8 building area, number of storeys - 3 storeys is permitted

Access road, electricity and water supply near the plot

It is possible to divide the plots and build 4-5 houses

Additional details

Property type

Land

Object type

Land

Price

154 938 $

Land area

1530

Distance to key points, m

To sea 2500

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 (154 938 $) 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).