Land 1 м² in Denovici, Montenegro

2 408 811 $

2 408 811 $ /м²

4OgM6

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #1

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #2

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #3

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #4

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #5

Land 1m² in Montenegro, Denovici. Priced at 2099000€ rent photo- #6

Area

1 м²

Site for the construction of a hotel, residential complex

The plot with sea views is located in Jenovici, 400 meters from the sea.

The area of the plot is 7560 m2
The plot is quite flat, on which old olive trees grow.

Access road, water supply and electricity near the site
It is allowed to build several villas, houses, townhouses up to 2 floors (+ an underground floor is possible), commercial premises - a cafe, a spa complex, the area of each room up to 250 m2 and up to 500 m2

Total building area up to 6000 m2
Perfect for the construction of a residential complex with a closed territory

Additional details

Property type

Land

Object type

Land

Price

2 408 811 $

Land area

7560

Distance to key points, m

To sea 400

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Denovici; 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 Denovici 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 (2 408 811 $) 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 Denovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).