Land 1 м² in Virpazar, Montenegro

503 369 $

503 369 $ /м²

4OciS

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #1

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #2

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #3

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #4

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #5

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #6

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #7

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #8

Land 1m² in Montenegro, Virpazar. Priced at 450000€ rent photo- #9

Area

1 м²

Plot in Skadar lake

Plot on Skadar Lake, first line. There is a pier for the ships on the route Virpazar - Rijeka Crnojevica. Allowed to build a house and auxiliary facilities. The area of the house was about 45-50 square meters around and on the pier there was a small cottage for travelers that had once been inscribed in the cadastre. There is a road from the village, there is a source that never dries off from which the water for the village is naturally and lakeshore, the electricity is in the village, and there is a power line, and now the current installation of solar energy is also actual.

Additional details

Property type

Land

Object type

Land

Price

503 369 $

Land area

60000

Distance to key points, m

To sea 30000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Virpazar; 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 Virpazar 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 (503 369 $) 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 Virpazar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).