- Area
- 1 m²
- To sea
- 1 m
Description
Seafront plot near Sveti Stefan
The total area of the plot is 6000 m2, smaller areas of 2800 m2 and 3000 m2 can be purchased
The construction of a complex of 5-6 villas with a total area of up to 1945 m2 is permitted on the plot
Building spot - 0.35
Building coefficient - 1.05
City water supply and electricity near the plot, there is an access road
Beautiful view of the sea, Sveti Stefan, Sveti Nikola island, Budva surrounded by pine forest
Characteristics
- Property type
- Land
- Object type
- Land
- Price
- 32 520 589 $
- Land area
- 2800 m²
Distance to key points (meters)
- To sea
- 1 m
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Crvena-Glavica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Crvena-Glavica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (32 520 589 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Crvena-Glavica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).