Can foreigners get a mortgage loan to buy a house 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?

House 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 a house 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 house 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 a house 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 house prices in Herceg Novi?

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

What taxes are charged on house 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 house 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.

Buy House in Herceg Novi

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Villa 179 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

620,000 €

Total area 179 m² · Land area: 616 m²

With swimming pool

4-bedroom villa 236 m² in Njivice

Njivice, Herceg Novi, Montenegro

850,000 €

Total area 236 m² · Land area: 427 m² · 4 bedrooms · 4 bathrooms

The first line

3-bedroom villa 287 m² in Kumbor

Kumbor, Herceg Novi, Montenegro

2,790,000 €

Total area 287 m² · Land area: 131 m² · 3 bedrooms · 3 bathrooms

With swimming pool

3-bedroom villa 224 m² in Đenovići

Đenovići, Herceg Novi, Montenegro

1,150,000 €

Total area 224 m² · Land area: 314 m² · 3 bedrooms · 2 bathrooms

Sea view

Two-storey house with panoramic sea views in Bijela, Herceg Novi, Montenegro

Bijela, Herceg Novi, Montenegro

295,000 €

Total area 162 m² · Land area: 315 m² · 4 bedrooms · 4 bathrooms

3-bedroom villa 354 m² in Herceg Novi city for 850,000 €

With swimming pool

Today

3-bedroom villa 354 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

850,000 €

Total area 354 m² · 3 bedrooms

Elvira Gracheva

Head of Sales Tranio Europe

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With swimming pool

3-bedroom villa 128 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

480,000 €

Total area 128 m² · 3 bedrooms

With garden

Three-storey house with a garden in Drenovik, Herceg Novi, Montenegro

Herceg Novi city, Herceg Novi, Montenegro

159,000 €

Total area 180 m² · Land area: 300 m²

2-bedroom cottage 114 m² in Podi

Podi, Herceg Novi, Montenegro

380,000 €

Total area 114 m² · 2 bedrooms

With garden

Authentic stone house in Kamenari, Bay of Kotor, Montenegro

Kamenari, Herceg Novi, Montenegro

320,000 €

Total area 185 m² · Land area: 283 m² · 4 bedrooms · 3 bathrooms

3-bedroom cottage 137 m² in Kumbor

Kumbor, Herceg Novi, Montenegro

356,000 €

Total area 137 m² · 3 bedrooms

7-bedroom villa 280 m² in Đenovići for 894,000 €

With swimming pool

2 months ago

7-bedroom villa 280 m² in Đenovići

Đenovići, Herceg Novi, Montenegro

894,000 €

Total area 280 m² · 7 bedrooms · 6 bathrooms

With swimming pool

3-bedroom villa 165 m² in Podi

Podi, Herceg Novi, Montenegro

620,000 €

Total area 165 m² · 3 bedrooms

4-bedroom cottage 307 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

590,000 €

Total area 307 m² · 4 bedrooms · 3 bathrooms

1 month ago

3-bedroom villa 187 m² in Đenovići

Đenovići, Herceg Novi, Montenegro

690,000 €

Total area 187 m² · 3 bedrooms · 2 bathrooms

3-bedroom cottage 136 m² in Bijela

Bijela, Herceg Novi, Montenegro

320,000 €

Total area 136 m² · 3 bedrooms · 3 bathrooms

3 months ago

4-bedroom cottage 180 m² in Kamenari

Kamenari, Herceg Novi, Montenegro

320,000 €

Total area 180 m² · 4 bedrooms · 3 bathrooms

3-bedroom villa 571 m² in Herceg Novi city for 12,000,000 €

With garden

1 week ago

3-bedroom villa 571 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

12,000,000 €

Total area 571 m² · Land area: 685 m² · 3 bedrooms · 3 bathrooms

1-bedroom cottage 100 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

275,000 €

Total area 100 m² · 1 bedroom

2 months ago

4-bedroom cottage 260 m² in Rose

Rose, Herceg Novi, Montenegro

1,580,000 €

Total area 260 m² · 4 bedrooms · 3 bathrooms

1 week ago

4-bedroom villa 270 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

1,170,000 €

Total area 270 m² · Land area: 611 m² · 4 bedrooms · 4 bathrooms

6 days ago

2-bedroom cottage 41 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

122,000 €

Total area 41 m² · 2 bedrooms

6-room cottage 110 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

950,000 €

Total area 110 m²

1 week ago

2-bedroom villa 228 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

1,500,000 €

Total area 228 m² · Land area: 325 m² · 2 bedrooms · 2 bathrooms

1 week ago

5-bedroom cottage 200 m² in Herceg Novi city

Herceg Novi city, Herceg Novi, Montenegro

220,000 €

Total area 200 m² · Land area: 300 m² · 5 bedrooms · 1 bathroom

1-25 of 37 listings, page 1 of 2

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08 February 2016
Holidays on the Adriatic: this client bought a sea-view flat in Montenegro
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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.
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In 2025, a family came to us: a married couple and their adult son. Their goal was to obtain a European residence permit. Initially, they were choosing between Cyprus and Greece. Ultimately, the Greek Golden Visa programme...
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The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
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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...
21 February 2025
Exploring Oman's Office Real Estate Market: A Client's Perspective
Economic diversification has long been a priority for Gulf nations, with each country adopting its own strategy. The UAE leverages soft power and flexibility, Saudi Arabia pursues an aggressive approach with ambitious megaprojects...
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...

Houses for Sale in Herceg Novi