Land 1 м² in Virpazar, Montenegro

67 296 $

67 296 $ /м²

4OdQ7

Land 1m² in Montenegro, Virpazar. Priced at 60000€ rent photo- #1

Land 1m² in Montenegro, Virpazar. Priced at 60000€ rent photo- #2

Land 1m² in Montenegro, Virpazar. Priced at 60000€ rent photo- #3

Area

1 м²

Plot in Skadar lake

On the old road in Cetinje, exactly halfway between Virpazar and Rijeka Crnouwicz, above the village "Poseliani" there is a plot with the most beautiful view of Skadar lake, with an area of 3550 m2.

Extremely attractive and secluded location in the most beautiful natural environment. The village is famous for its ancient mills and a beautiful river, which stretches along the entire length of the village and flows into Lake Skadar.

An ideal place to build a country house, the site is not part of the National Park, so construction is possible.

There are also several other plots with a total area of about 10,000 square meters, along the main road above and below the path.

Additional details

Property type

Land

Object type

Land

Price

67 296 $

Land area

3550

Distance to key points, m

To sea 20000

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 (67 296 $) 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).