Land 1 м² in Virpazar, Montenegro

170 038 $

170 038 $ /м²

4OciR

Land 1m² in Montenegro, Virpazar. Priced at 145000€ rent photo- #1

Land 1m² in Montenegro, Virpazar. Priced at 145000€ rent photo- #2

Land 1m² in Montenegro, Virpazar. Priced at 145000€ rent photo- #3

Land 1m² in Montenegro, Virpazar. Priced at 145000€ rent photo- #4

Area

1 м²

Plot in Crmnica for farm

The plot is located along the road in the village of Crmnica, Tomici, between the estates of the Pastrovics and Lake Skadar.

This region has a very mild climate, with many old castles and monasteries in the area.

All continental fruits grow here, as well as figs, tangerines, oranges, olives, kiwis, persimmons, and all vegetable crops.

This region is famous for its Crmnički vranac vineyards and winemaking. Meadows, pastures, forests, mountains are located on the site.

The road is asphalt, it is 10 minutes by car to Lake Skadar and Virpazar.

The total area of the plots is 18.152 m2, consists of several parts, flat and with slopes

On one site there are the ruins of a stone house, on the site of which 1100 m2 of housing could be built, there is a stone on the site for construction

On another site, the construction of 3,780 m2 of commercial/agricultural premises for production is permitted

An excellent option for equipping a farm, eco-village, winery

Electricity and water supply connected

Additional details

Property type

Land

Object type

Land

Price

170 038 $

Land area

18152

Distance to key points, m

To sea 20000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Virpazar; 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 Virpazar 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 (170 038 $) 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 Virpazar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).