Can foreigners get a mortgage loan to buy an apartment in Herceg-Novi?

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?

Apartment 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 an apartment 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 an apartment 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 an apartment 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 apartment 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.

What taxes are charged on apartment 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 apartment 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.

Apartments for Sale in Herceg-Novi

Order by:

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

4-bedrooms apartment 127 m² in Herceg Novi (city), Montenegro for 390,000 €

Furnished

4-bedrooms apartment 127 m² in Herceg Novi (city), Montenegro

390,000 €

Total area 127 m²4 bedrooms2 bathrooms

2-bedrooms apartment 150 m² in Herceg Novi (city), Montenegro for 1,275,000 €

Furnished

2-bedrooms apartment 150 m² in Herceg Novi (city), Montenegro

1,275,000 €

Total area 150 m²2 bedrooms2 bathrooms

Tranio’s instruction

Turkish citizenship for the whole family for real estate purchase

From $400,000 · Rental income

Simple registration procedure;
Return on investment;
Temporary residence permit for quick relocation.

2-bedrooms apartment 75 m² in Herceg Novi (city), Montenegro for 240,000 €

Furnished

2-bedrooms apartment 75 m² in Herceg Novi (city), Montenegro

240,000 €

Total area 75 m²2 bedrooms2 bathrooms

2-bedrooms apartment 69 m² in Herceg Novi (city), Montenegro for 210,000 €

Sea view

2-bedrooms apartment 69 m² in Herceg Novi (city), Montenegro

210,000 €

Total area 69 m²2 bedrooms1 bathroom

3-bedrooms apartment 125 m² in Herceg Novi (city), Montenegro for 450,000 €

Furnished

3-bedrooms apartment 125 m² in Herceg Novi (city), Montenegro

450,000 €

Total area 125 m²3 bedrooms2 bathrooms

1-bedrooms apartment 98 m² in Herceg Novi (city), Montenegro for 850,000 €

Furnished

1-bedrooms apartment 98 m² in Herceg Novi (city), Montenegro

850,000 €

Total area 98 m²1 bedroom1 bathroom

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

1-bedrooms apartment 92 m² in Herceg Novi (city), Montenegro for 328,000 €

Furnished

1-bedrooms apartment 92 m² in Herceg Novi (city), Montenegro

328,000 €

Total area 92 m²1 bedroom1 bathroom

2-bedrooms apartment 100 m² in Herceg Novi (city), Montenegro for 322,000 €

Furnished

2-bedrooms apartment 100 m² in Herceg Novi (city), Montenegro

322,000 €

Total area 100 m²2 bedrooms1 bathroom

New residence with swimming pools close to the coast and the old town, Kumbor, Montenegro for From 350,000 €

New residence with swimming pools close to the coast and the old town, Kumbor, Montenegro

From 350,000 €

Completion in: 2025.IVTotal of 56 apartments

Residential complex

3-bedrooms apartment 126 m² in Herceg Novi (city), Montenegro for 460,000 €

Furnished

3-bedrooms apartment 126 m² in Herceg Novi (city), Montenegro

460,000 €

Total area 126 m²3 bedrooms2 bathrooms

1-bedrooms apartment 54 m² in Morinj, Montenegro for 149,000 €

Furnished

1-bedrooms apartment 54 m² in Morinj, Montenegro

149,000 €

Total area 54 m²1 bedroom1 bathroom

2-bedrooms apartment 103 m² in Herceg Novi (city), Montenegro for 443,000 €

Furnished

2-bedrooms apartment 103 m² in Herceg Novi (city), Montenegro

443,000 €

Total area 103 m²2 bedrooms2 bathrooms

1-bedrooms apartment 56 m² in Morinj, Montenegro for 160,000 €

Furnished

1-bedrooms apartment 56 m² in Morinj, Montenegro

160,000 €

Total area 56 m²1 bedroom1 bathroom

Apartment in Herceg Novi (city), Montenegro for 137,000 €

Sea view

Apartment in Herceg Novi (city), Montenegro

137,000 €

Land area: 43 m²1 bathroom

Apartment in Herceg Novi (city), Montenegro for 550,000 €

Furnished

Apartment in Herceg Novi (city), Montenegro

550,000 €

Apartment in a new residential complex in the center of Herceg Novi for 315,000 €

Apartment in a new residential complex in the center of Herceg Novi

315,000 €

Total area 122 m²3 bedrooms1 bathroom

New apartments with sea views in Bijela, Herceg Novi, Montenegro for 152,000 €

Sea view

New apartments with sea views in Bijela, Herceg Novi, Montenegro

152,000 €

Total area 48 m²1 bedroom1 bathroom

2-bedroom apartment in a new complex with swimming pool and SPA in Herceg-Novi for 262,000 €

With swimming pool

2-bedroom apartment in a new complex with swimming pool and SPA in Herceg-Novi

262,000 €

Total area 82 m²2 bedrooms2 bathrooms

Apartment in a new residential complex near the sea in the center of Herceg Novi for 205,000 €

Apartment in a new residential complex near the sea in the center of Herceg Novi

205,000 €

Total area 73 m²1 bedroom1 bathroom

1-bedroom apartments near the sea and Portonovi for 399,000 €

With swimming pool

1-bedroom apartments near the sea and Portonovi

399,000 €

Total area 53 m²1 bedroom1 bathroom

Magnificent three-bedroom apartment just 50 m from the sea, Topla, Herceg Novi, Montenegro for 570,000 €

Furnished

Magnificent three-bedroom apartment just 50 m from the sea, Topla, Herceg Novi, Montenegro

570,000 €

Total area 158 m²2 bedrooms2 bathrooms

Newbuilt premium gated residential complex with a swimming pool for 500,000 €

Sea view

Newbuilt premium gated residential complex with a swimming pool

500,000 €

Duplex apartment with sea and mountain views, Herceg Novi, Montenegro for 195,000 €

Furnished

Duplex apartment with sea and mountain views, Herceg Novi, Montenegro

195,000 €

Total area 63 m²1 bedroom2 bathrooms

2-bedrooms apartments in new building 69 m² in Herceg Novi (city), Montenegro for 207,000 €

2-bedrooms apartments in new building 69 m² in Herceg Novi (city), Montenegro

207,000 €

Total area 69 m²2 bedrooms1 bathroom

Furnished apartment in a club residential complex in the Bay of Kotor for 260,000 €

With swimming pool

Furnished apartment in a club residential complex in the Bay of Kotor

260,000 €

Total area 96 m²3 bedrooms2 bathrooms

last page

1-25 of 102 listings, page 1 of 4

Tranio’s client cases

All cases

08 February 2016
Holidays on the Adriatic: this client bought a sea-view flat in Montenegro
Beautiful Montenegro is one of the less-travelled Eastern European countries. Its magnificent coast, nestled in the mountains, is a perfect getaway from the bustle of big tourist resorts.
02 June 2015
From France to Montenegro: comparative apartmentology of a flat owner’s life
Daria (30), a financial expert from Moscow, Russia, and her husband knew Europe well by the time they bought their first flat there: an apartment in the South of France along the Mediterranean.
06 May 2025
The Art of Renovation in Northern Athens and One-Stop-Shop Service of Tranio Hellas: Why Investor Bought Apartment...
Tranio has been operating in the Greek property market since 2010, selecting homes for clients from trusted partners across different regions — both in cities and in coastal resort locations.
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.
28 February 2025
The Final Lap: Returns Secured by Investors in The Community, Motor City
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s...
13 May 2024
Tranio client's experience: apartment on the French Riviera and obtaining a residence permit for financially...
France is a country known for its quality of life, economic strength, progressive social welfare, developed infrastructure, high environmental standards and care for historical heritage. A residence permit in France allows...
25 April 2024
Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
Today Spain is one of the most popular EU countries for obtaining a residency by investments. To participate in the Spain Golden Visa programme, an investor must invest more than 500 thousand euros in the state economy or...
06 February 2024
Tranio’s client experience: mountain chalet in the Alps for vacation and good rental income
Resort property in the French Alps is a prospective investment, both from the point of view of getting income in high season, and getting a "second home" for vacations in a sunny, comfortable Alpine climate. Alpine...
24 January 2024
Tranio’s client experience: buying a second home on the Costa Blanca
Spanish real estate has consistently been in high demand in the past few decades.
27 October 2023
From renting to permanent residence: a Tranio client's story of buying an apartment in Cyprus
Andrey, an entrepreneur from Moscow, enlisted the Tranio team's help to find an apartment for long-term rental in Cyprus. However, his aspirations evolved into purchasing an apartment for permanent residence for his entire...

Apartments for sale in Herceg-Novi