Land 1 м² in Sveti-Stefan, Montenegro

687 084 $

687 084 $ /м²

4OdLE

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #1

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #2

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #3

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #4

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #5

Land 1m² in Montenegro, Sveti-Stefan. Priced at 590000€ rent photo- #6

Area

1 м²

Land plot above Sveti Stefan

Land plot with garnet trees is located is located near the monasteries of Rustovo (first consecrated temple in Montenegro devoted to the Russian royal family of the Romanovs) and Praskvica (headquarters of one of the oldest and most influential families of Montenegro Pashtrovici). In this place there is a legendary stone staircase to the mountains, made by the descendant of the famous Russian noble family Stroganoff.

The land lies within 3 km from the coast and 400 m above the sea level, it has panoramic views over the coastal area. All infrastructure is in place: spring water, road access, central electricity supply. The plot has outstanding views of the marina Budva with islands of St.Nikola and Sveti Stefan. Near the plot there is an ancient orthodox temple and convent. It’s a quiet green place with fertile land.

The land is sold with the project of the house, the territory allows to build up to five villas, it’s possible to get a building permit. The plot is registered on company name, it’s possible to buy the company with the land, in that case the buyer is released from obligation of pay 3% property transfer tax.

Additional details

Property type

Land

Object type

Land

Price

687 084 $

Land area

5328

Distance to key points, m

To sea 3000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sveti-Stefan; 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 Sveti-Stefan 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 (687 084 $) 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 Sveti-Stefan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).