Land 1 м² in Radanovici, Montenegro

265 000 $

265 000 $ /м²

4Ods4

Land 1m² in Montenegro, Radanovici. Priced at 265000$ rent photo- #1

Land 1m² in Montenegro, Radanovici. Priced at 265000$ rent photo- #2

Land 1m² in Montenegro, Radanovici. Priced at 265000$ rent photo- #3

Land 1m² in Montenegro, Radanovici. Priced at 265000$ rent photo- #4

Land 1m² in Montenegro, Radanovici. Priced at 265000$ rent photo- #5

Area

1 м²

Bathrooms

Land for sale

This land for sale is located in the settlement of Radanovici, in a predominantly industrial zone between Kotor and Budva.

The size of the land is 2,292 m², with a total gross build area of the same value (construction index is 1), allowing for a possible two-story building (occupancy rate 0.5). The construction of a basement is permitted if there are no geomechanical or hydrotechnical obstacles. Given the environment in which it is located and the urban-technical conditions, this plot is ideal for commercial or industrial purposes (business center, warehouse, economic facilities, business and office facilities, gas station, utility services).

This plot has an excellent position, near the main Adriatic motorway that connects Tivat, Kotor, and Budva.

This location is already recognized as a great industrial and economic zone for these municipalities, so we believe that this land can be seen as a significant investment opportunity.

If you are interested in this land, please contact us for more information.

Additional details

Property type

Residential Properties

Object type

Land

Price

265 000 $

Land area

2292

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Radanovici; 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 Radanovici 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 (265 000 $) 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 Radanovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).