Land 1 м² in Herceg Novi, Montenegro

28 604 $

28 604 $ /м²

4Ocim

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #1

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #2

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #3

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #4

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #5

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #6

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #7

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #8

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #9

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #10

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #11

Land 1m² in Montenegro, Herceg Novi. Priced at 24000€ rent photo- #12

Area

1 м²

Plot in Mokrine

Plot in Mokrinj in the forest

Plot in the town of Mokrine, area 3100 m2.

It is possible to bring water to the plot from a source located about 1 km away, make a reservoir with rainwater, it is possible to connect electricity together with neighbors, it is necessary to equip an access road.

It is possible to make a well. The municipal authorities are planning to install the water pipeline within 10 years.

The plot ends with a picturesque cliff with a beautiful view of the sea.

The site is flat, with fertile land.

To the sea 15 minutes by car.

On the plot it is allowed to build 2 houses of 100 m2 + an auxiliary facility.

The plot can be purchased and divided by 1550 m2 for 2 owners.

Location: https://goo.gl/maps/bCnD5gs7LkTJqEiD6

Additional details

Property type

Land

Object type

Land

Price

28 604 $

Land area

3100

Distance to key points, m

To sea 6000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (28 604 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).