Land 1 м² in Virpazar, Montenegro

203 700 $

203 700 $ /м²

4Od9b

Land 1m² in Montenegro, Virpazar. Priced at 175000€ rent photo- #1

Land 1m² in Montenegro, Virpazar. Priced at 175000€ rent photo- #2

Area

1 м²

A plot of land on the shore of Lake Skadar

Plot of land on the shore of Lake Skadar, Godinje
Plot area 2500m2
Plot on the first line, directly on the shore of the lake.
The plot is not cleared, not flooded.
Located 4km from Virpazar.
Asphalted road to the site
The plot is located on the territory of the natural National Park Skadar Lake.
It is possible to build assembly facilities, bungalows, camping.
View of the lake, mountains, forest.
Near the ancient Montenegrin village Godinje.
The coast 20km.
The plot is not urbanized.

Additional details

Property type

Land

Object type

Land

Price

203 700 $

Land area

2500

Distance to key points, m

To sea 1

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 (203 700 $) 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).