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Land 1 м² in Zagora, Montenegro

851 020 $

851 020 $ /м²

4Ods6
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Area

1 м2

Bathrooms

1

Land for sale in Kotor municipality

This land for sale is located in beautiful untouched and wild nature between Budva and Kotor, in the village of Zagora. This plot, overgrown with greenery and situated on a hillside, offers an amazing view of the open sea.

The size of the land is 5,044 m2, with a total gross build area of 1,513 m2. A luxury tourist complex could be developed on this plot in the future.

This plot is located away from large urban areas, yet it is still not far from Kotor Old Town (27 km), Tivat Airport (26 km), and Budva (15 km). Podgorica Airport is 81 km from this plot. Porto Montenegro marina for superyachts is 29 km away.

At a time when people fleeing overcrowded tourist spots are seeking peace and the chance to enjoy the nature and beauty that the Montenegrin coast offers, this land presents a great investment opportunity.

Give us a call or send an email for all further details and information you need.

Property features
* Peaceful area
* Sea View

Additional details

Property type

Residential Properties

Object type

Land

Price

851 020 $

Land area

5006

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Zagora; 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 Zagora 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 (851 020 $) 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 Zagora: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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