Land 1 м² in Virpazar, Montenegro

55 650 $

55 650 $ /м²

4Octi

Land 1m² in Montenegro, Virpazar. Priced at 50000€ rent photo- #1

Land 1m² in Montenegro, Virpazar. Priced at 50000€ rent photo- #2

Land 1m² in Montenegro, Virpazar. Priced at 50000€ rent photo- #3

Land 1m² in Montenegro, Virpazar. Priced at 50000€ rent photo- #4

Area

1 м²

Large plot in Crmnica with a view of the valley,

Large plot in Crmnica with a view of the valley, near Lake Skadar.

Plot area 19,200 m2.

It is possible to acquire part of the plot from 1000 m2 and more.

The plot is not urbanized.

Gravel road to the plot when leaving the highway.

Water source on the plot.

Electricity at 200 m.

View of the valley, vineyards, mountains, forest.

Zavjet Winery at 200 meters.

Lake Skadar at a distance of 1 km.

To the sea 15 km.

An excellent option for the construction of an ethno village, a recreation complex.

The price is negotiable depending on the size of the plot.

Additional details

Property type

Land

Object type

Land

Price

55 650 $

Land area

5000

Distance to key points, m

To sea 15000

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 (55 650 $) 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).