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Land 1 м² in Cetinje, Montenegro

194 147 $

194 147 $ /м²

4OcnI
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Area

1 м2

Land Plot 40 000 m2 Cetinje

The land plot of 40,850 m2 located 10 km from the city of Cetinje on the way to the famous tourist attraction Lipa Cave in a picturesque valley overlooking The Skadar Lake.
On the site there is an ancient building (designated as “Vikendica”) with an area of 129 m2, and two auxiliary buildings with an area of 28 and 17 m2 and a functioning ancient well with high quality drinking water, an ancient pedestrian road.
The territory of the site is a nature park, rich in vegetation and ideal for the construction of an ecological village, a tourist recreation center or an ethnic mini-hotel.
The active development of eco-tourism in Montenegro in recent years indicates the investment attractiveness of this region and great prospects. The Kotor-Lovcen cable car project, launched this season, and in the future Cetinje, will significantly increase the tourist flow in this direction. Proximity to such attractions as Cetinje, Lovcen and Lake Skadar will ensure the demand for this project for both external and internal tourism.

Additional details

Property type

Land

Object type

Land

Price

194 147 $

Land area

40850

Distance to key points, m

To sea 35000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Cetinje; 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 Cetinje 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 (194 147 $) 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 Cetinje: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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