Land 1 м² in Radanovici, Montenegro

619 445 $

619 445 $ /м²

4OdY5

Land 1m² in Montenegro, Radanovici. Priced at 522720€ rent photo- #1

Land 1m² in Montenegro, Radanovici. Priced at 522720€ rent photo- #2

Land 1m² in Montenegro, Radanovici. Priced at 522720€ rent photo- #3

Area

1 м²

Bathrooms

Land for sale in Radanovici, Kotor municipality

This land for sale is located in the settlement Radanovici, in a predominantly industrial zone between Kotor and Budva.

The size of the land is 4.752m2, with a total gross build area of 3.801m2 (construction index is 0.8), with a possible two floors building (P+1+Pk). It is possible to build housing facilities, facilities for central activities, and for mixed-use.

This plot has an excellent position, near the main Adriatic motorway that connects Tivat, Kotor, and Budva.

This location is already recognized as a great industrial and economic zone for these municipalities, so we think that this land can be recognized as a great investment opportunity.

If you are interested in this land, contact us for more information.

Property features
* Close to Tivat airport
* Commercial area
* Mountain view
* Urbanized

Additional details

Property type

Residential Properties

Object type

Land

Price

619 445 $

Land area

4752

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Radanovici; 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 Radanovici 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 (619 445 $) 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 Radanovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).