Can foreigners get a mortgage loan in Montenegro?

It might be tricky for a foreigner to obtain a mortgage loan for property in Montenegro . Erste Bank is the only bank lending to foreign property buyers, yet the primary qualification for an eligible foreign applicant is to have a residence permit in the country.

How much do utilities cost in Herceg-Novi?

Property maintenance costs are not so high in Herceg-Novi as compared to the rest of Europe. Read more about major housing and home ownership costs in Montenegro.

Can buying property in Herceg-Novi also get foreigners a residence permit in Montenegro?

A property purchase in Montenegro will get residence in the country (except for property for further development that would not qualify a buyer for a residence permit). There is no minimum investment threshold for a residence permit. The purchased property should be free and clear of any encumbrances. Read more in our article .

How to get citizenship in Montenegro by buying a property in Herceg-Novi?

To get citizenship in Montenegro , you would have both to purchase a property out of the government-approved pool investing at least € 250,000 and donate at least € 100,000 to the government fund.

What is the process of buying property in Montenegro?

It will take 2–4 months in average to register property ownership in Montenegro. To close a transaction, a foreign buyer needs to present a foreign passport of the home country, an individual seller is to produce a legal proof of property ownership and the excerpt from record in the local property registry, and a corporate seller should additionally provide the buyer with its corporate documents. See details here .

What are the property prices in Herceg-Novi?

The apartment prices in Herceg-Novi vary in a range of €1400-1800 for a square metre depending on the region and distance from the sea. The prices of a house range from €1400-2000 for a square metre.

What taxes are charged on property purchase, ownership, and sale in Herceg-Novi?

A transfer tax at 3% is charged on real estate transfers in Montenegro, and 21% VAT is levied if property has not been sold before. The real estate tax is levied for the use of the property at the rates ranging from 0.25 to 1% of the property value. Read more about the taxes charged on property purchase, ownership, rent, and sale in Herceg-Novi on the website .

Key takeaways about Herceg-Novi to know before property purchase: what makes the region special?

Herceg-Novi is the biggest coastal town in the Bay of Kotor and the most comfortable beach destination. It has the biggest number of completely arranged bathing beaches with beach bars and sunbathing piers equipped with sun loungers and umbrellas. The waterfront promenade is four kilometres long. The town has good infrastructure, with many shops, bars, restaurants, night clubs, concert venues, and hotels. Herceg Novi is a good alternative to Dubrovnik in Croatia with similar architecture, numerous ancient churches, monasteries, and forts.

Property for sale in Herceg-Novi – Buy real estate in Herceg-Novi

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Townhome – Baosici, Herceg-Novi, Montenegro for 250,000 €

Townhome – Baosici, Herceg-Novi, Montenegro

250,000 €

Total area 168 m²Land area: 321 m²5 bedrooms3 bathrooms

168 m², 5 bedrooms, townhome + plot 321 m²

Baosici, Herceg-Novi, Montenegro

250,000 €

Cozy family home overlooking the sea and mountains in Bijela, Herceg Novi, Montenegro for 139,000 €

Cozy family home overlooking the sea and mountains in Bijela, Herceg Novi, Montenegro

139,000 €

Total area 140 m²Land area: 200 m²4 bedrooms3 bathrooms

140 m², 4 bedrooms, townhome + plot 200 m²

Herceg Novi (city), Herceg-Novi, Montenegro

139,000 €

Montenegrin passport

Citizenship in exchange for investment in a hotel near a ski resort

250,000 € · Rental income

State-approved project;
Passports are issued to the entire investor's family members;
The investors receives 40% of the rental income.

Apartment in a modern residential complex with a swimming pool, Đenovići, Herceg-Novi, Montenegro for 199,000 €

Apartment in a modern residential complex with a swimming pool, Đenovići, Herceg-Novi, Montenegro

199,000 €

Total area 75 m²2 bedrooms2 bathrooms

75 m², 2 bedrooms, apartment

Denovici, Herceg-Novi, Montenegro

3 floor of 3

199,000 € 2,653 € per m²

Two flats on a first line, Baošići, Herceg-Novi, Montenegro for 181,000 €

Two flats on a first line, Baošići, Herceg-Novi, Montenegro

181,000 €

Total area 84 m²2 bedrooms2 bathrooms

84 m², 2 bedrooms, apartment

Baosici, Herceg-Novi, Montenegro

1 floor

181,000 € 2,154 € per m²

Apartment – Igalo, Herceg-Novi, Montenegro for 83,000 €

Apartment – Igalo, Herceg-Novi, Montenegro

83,000 €

Total area 45 m²1 bedroom

45 m², 1 bedroom, apartment

Igalo, Herceg-Novi, Montenegro

83,000 € 1,844 € per m²

Apartment – Herceg Novi (city), Herceg-Novi, Montenegro for 145,000 €

Apartment – Herceg Novi (city), Herceg-Novi, Montenegro

145,000 €

Total area 53 m²1 bedroom1 bathroom

53 m², 1 bedroom, apartment

Herceg Novi (city), Herceg-Novi, Montenegro

2 floor

145,000 € 2,735 € per m²

Tailored property selection

Leave a request, and our expert will contact you to clarify your enquiry and select suitable properties.

Submit request

Inna Shchukina,

Senior property selection advisor

Townhome – Herceg Novi (city), Herceg-Novi, Montenegro for 240,000 €

Townhome – Herceg Novi (city), Herceg-Novi, Montenegro

240,000 €

Total area 130 m²3 bedrooms3 bathrooms

130 m², 3 bedrooms, townhome

Herceg Novi (city), Herceg-Novi, Montenegro

240,000 €

Apartment – Denovici, Herceg-Novi, Montenegro for 220,000 €

Apartment – Denovici, Herceg-Novi, Montenegro

220,000 €

Total area 121 m²3 bedrooms2 bathrooms

121 m², 3 bedrooms, apartment

Denovici, Herceg-Novi, Montenegro

220,000 € 1,818 € per m²

Apartment – Denovici, Herceg-Novi, Montenegro

87,000 €

Total area 81 m²1 bedroom

81 m², 1 bedroom, apartment

Denovici, Herceg-Novi, Montenegro

87,000 € 1,074 € per m²

Villa – Herceg Novi (city), Herceg-Novi, Montenegro for 100,000 €

Villa – Herceg Novi (city), Herceg-Novi, Montenegro

100,000 €

Total area 108 m²Land area: 300 m²2 bedrooms1 bathroom

108 m², 2 bedrooms, villa + plot 300 m²

Herceg Novi (city), Herceg-Novi, Montenegro

100,000 €

New home – Herceg Novi (city), Herceg-Novi, Montenegro

225,000 €

Total area 87 m²2 bedrooms2 bathrooms

87 m², 2 bedrooms, new home

Herceg Novi (city), Herceg-Novi, Montenegro

3 floor of 4

225,000 € 2,586 € per m²

Development land – Herceg Novi (city), Herceg-Novi, Montenegro for 200,000 €

Development land – Herceg Novi (city), Herceg-Novi, Montenegro

200,000 €

Land area: 770 m²

770 m², development land

Herceg Novi (city), Herceg-Novi, Montenegro

200,000 €

Apartment – Herceg Novi (city), Herceg-Novi, Montenegro

158,000 €

Total area 50 m²1 bedroom1 bathroom

50 m², 1 bedroom, apartment

Herceg Novi (city), Herceg-Novi, Montenegro

4 floor

158,000 € 3,160 € per m²

Apartment – Baosici, Herceg-Novi, Montenegro for 371,000 €

Apartment – Baosici, Herceg-Novi, Montenegro

371,000 €

Total area 110 m²2 bedrooms2 bathrooms

110 m², 2 bedrooms, apartment

Baosici, Herceg-Novi, Montenegro

2 floor

371,000 € 3,372 € per m²

Apartment – Baosici, Herceg-Novi, Montenegro for 95,000 €

Apartment – Baosici, Herceg-Novi, Montenegro

95,000 €

Total area 61 m²1 bedroom1 bathroom

61 m², 1 bedroom, apartment

Baosici, Herceg-Novi, Montenegro

1 floor of 4

95,000 € 1,557 € per m²

Villa – Herceg Novi (city), Herceg-Novi, Montenegro for 150,000 €

Villa – Herceg Novi (city), Herceg-Novi, Montenegro

150,000 €

Total area 130 m²Land area: 169 m²2 bedrooms2 bathrooms

130 m², 2 bedrooms, villa + plot 169 m²

Herceg Novi (city), Herceg-Novi, Montenegro

150,000 €

Detached house – Zelenika, Herceg-Novi, Montenegro for 88,000 €

Detached house – Zelenika, Herceg-Novi, Montenegro

88,000 €

Total area 70 m²3 bedrooms

70 m², 3 bedrooms, detached house

Zelenika, Herceg-Novi, Montenegro

88,000 €

Apartment – Herceg Novi (city), Herceg-Novi, Montenegro for 95,000 €

Apartment – Herceg Novi (city), Herceg-Novi, Montenegro

95,000 €

Total area 71 m²2 bedrooms1 bathroom

71 m², 2 bedrooms, apartment

Herceg Novi (city), Herceg-Novi, Montenegro

4 floor of 4

95,000 € 1,338 € per m²

Villa – Herceg Novi (city), Herceg-Novi, Montenegro for 1,200,000 €

Villa – Herceg Novi (city), Herceg-Novi, Montenegro

1,200,000 €

Total area 350 m²Land area: 750 m²4 bedrooms3 bathrooms

350 m², 4 bedrooms, villa + plot 750 m²

Herceg Novi (city), Herceg-Novi, Montenegro

1,200,000 €

Townhome – Herceg Novi (city), Herceg-Novi, Montenegro

250,000 €

Total area 98 m²2 bedrooms2 bathrooms

98 m², 2 bedrooms, townhome

Herceg Novi (city), Herceg-Novi, Montenegro

250,000 €

Villa – Herceg Novi (city), Herceg-Novi, Montenegro

980,000 €

Total area 300 m²3 bedrooms

300 m², 3 bedrooms, villa

Herceg Novi (city), Herceg-Novi, Montenegro

980,000 €

Stone house just 10 m from the sea, Kamenari, Herceg Novi, Montenegro for 320,000 €

Stone house just 10 m from the sea, Kamenari, Herceg Novi, Montenegro

320,000 €

Total area 153 m²Land area: 715 m²2 bedrooms1 bathroom

153 m², 2 bedrooms, detached house + plot 715 m²

Kamenari, Herceg-Novi, Montenegro

320,000 €

Apartments 300 m from the sea, Baosici, Herceg Novi, Montenegro for 144,000 €

Apartments 300 m from the sea, Baosici, Herceg Novi, Montenegro

144,000 €

Total area 72 m²1 bedroom1 bathroom

72 m², 1 bedroom, apartment

Baosici, Herceg-Novi, Montenegro

144,000 € 2,000 € per m²

Luxury two-storey villas in Meline, Herceg Novi, Montenegro for 647,000 €

Luxury two-storey villas in Meline, Herceg Novi, Montenegro

647,000 €

Total area 234 m²Land area: 450 m²4 bedrooms

234 m², 4 bedrooms, villa + plot 450 m²

Herceg Novi (city), Herceg-Novi, Montenegro

647,000 €

Villa – Herceg Novi (city), Herceg-Novi, Montenegro

650,000 €

Total area 120 m²Land area: 35,250 m²3 bedrooms2 bathrooms

120 m², 3 bedrooms, villa + plot 35,250 m²

Herceg Novi (city), Herceg-Novi, Montenegro

650,000 €

1-25 of 580 listings, page 1 of 23

Property for sale in Herceg-Novi

Tailored property selection

FAQ about Herceg-Novi