Land 1 м² in Herceg Novi, Montenegro

70 654 $

70 654 $ /м²

4Of20

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #1

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #2

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #3

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #4

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #5

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #6

Land 1m² in Montenegro, Herceg Novi. Priced at 63000€ rent photo- #7

Area

1 м²

Urbanized plots for construction villas

The plots are located in Podi, Herceg Novi, 4 km from the sea

Beautiful sea view that will not be closed

5 plots for sale with an area of:

855 m2 - 35,000 euros

1511 m2 - 63,000 euros

1594 m2 - 65,000 euros

1605 m2 - 65,000 euros

The plots are urbanized, construction of villas is allowed, a design project for the complex has been developed

It is possible to purchase all the plots together

A construction company with extensive experience in Montenegro offers its services for the construction of a villa on these plots

Additional details

Property type

Land

Object type

Land

Price

70 654 $

Land area

352

Distance to key points, m

To sea 4000

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 (70 654 $) 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).