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Land 1 м² in Zagora, Montenegro

1 014 276 $

1 014 276 $ /м²

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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 the Budva and Kotor, in the village Zagora. This plot overgrown with greenery, on a hillside, has 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 spring up on this plot in the future.

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

At a time when people fleeing overcrowded tourist places are looking for peace and the opportunity to enjoy the nature and beauty that the Montenegrin coast offers, this land can be a great investment opportunity.

Give us a call or write 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

1 014 276 $

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 (1 014 276 $) 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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