Live Market Data
2
Active Listings
€1,457
Avg price/m²
€157,000
Avg Listing Price
€1,083–1,831
Price Range/m²
About Herceg Novi
Known as the 'City of Flowers', Herceg Novi sits at the entrance to Kotor Bay and offers an authentic Montenegrin experience at lower prices than the popular tourist centres. Easy access to Dubrovnik and a thriving expat community make it ideal for lifestyle buyers and retirees.
Pros
- Best value on the Bay
- Close to Dubrovnik
- Authentic lifestyle
- Large expat community
- Sea and mountain views
Watch Out For
- Fewer new builds
- Some properties need renovation
- Less developed tourism than Budva
- Limited direct flights
Neighbourhoods & Typical Prices
Investment Overview
Herceg Novi offers the best value proposition on the Bay of Kotor. Proximity to Dubrovnik airport (45 min) brings strong Croatian holiday market overlap. EU accession play with lower entry prices.
Key Facts
Price range€1,200 – €2,500/m²
Avg price/m²€1,457
Active listings2