Home/Herceg Novi/Family House near Igalo Spa, Herceg Novi
For SaleHouse🌊 600m to sea

Family House near Igalo Spa, Herceg Novi

Herceg Novi, Montenegro±250m approximate
€195,000
1083/m²· 10 views📊 PPTX
Family House near Igalo Spa, Herceg Novi - photo 1
bed
4
bath
2
Size
180m²
Built
1992
Furnishing
Partially furnished
Parking
Included

Description

Spacious family home 180m², partial Bay of Kotor views. Igalo district near famous spa resort. 4 bedrooms, 2 bathrooms, 350m² garden. 10 min from Dubrovnik border.

📍 Herceg Novi Area Guide

Gateway to the Bay of Kotor with a mild microclimate, botanical gardens, and fortress-topped Old Town. Popular with Serbian and Russian buyers.

🏥 Healthcare

General hospital Meljine (2 km)
Health spa Igalo (3 km)

🎓 Education

Public school Dašo Pavičić (1 km)
Gymnasium in Herceg Novi (1 km)

🏖️ Beaches

Žanjice (10 km)
Savina (2 km)
Igalo (3 km)

✈️ Airports

Tivat Airport (25 km, 30 min)
Dubrovnik Airport (30 km, 40 min)

🚌 Transport

Ferry to Kamenari (10 min)
Regular bus to Dubrovnik (1 h)

Property Verification

Not yet verified

This listing has been submitted by an agent but has not been verified against cadastre records yet. Information shown is provided by the seller.

Location
Herceg Novi, Herceg Novi
Parcel

Verification Status

  • Coordinates provided
  • Parcel number not provided
  • Ownership not independently checked
Get Official Verification

Our team checks ownership records, encumbrances, and building permits against the official cadastre.

Request Verification — €29

⚖️ Cadastre verification is a first-pass screening based on available public or submitted information. It does not replace legal due diligence, notarial review, or official cadastre confirmation before signing.

€195,000
🏠 Residency Eligible
1083/m² · 180
$226,473 USD · £168,422 GBP · ₺10,408,106 TRY · ₽16,594,572 RUB
10% down: €19,500·20% down: €39,000
👁️ 10 views📅 37 days ago
Dragana Bošković
Listed 37 days ago

🎓 Expert Opinion

Get a professional valuation from a local property expert.

Total Cost Calculator

Estimate every fee that lands on top of the asking price.

20% · €39,000
Transfer tax€6,750
Notary (~1%)€1,950
Registration (€150)€150
Legal (~1.5%)€2,925
Total cash needed€50,775
Financed amount€156,000

Buyer fees in Montenegro total ~5–6% of the purchase price.

Financial Tools

Down payment (%)20%
Interest rate (%)5.5%
Term (years)25yr
EST. MONTHLY PAYMENT€958/month
TOTAL INTEREST€131,393
TOTAL PAID€287,393
Compare scenarios
ConservativeBest value
30% down · 20y · 5%
€901/month
+€79,702
Standard
20% down · 25y · 5.5%
€958/month
+€131,393
Aggressive
10% down · 30y · 6%
€1,052/month
+€203,296

Herceg Novi Market Insights

Average price€2,200/m²
This listing€1,083/m²
51% below area average
YoY price change
+8%
Supply
Balanced
Rental market
Avg rent
€650/month
Gross yield
3.5%

Source: MONSTAT Q4 2024

Buying as a Foreigner?

Foreigners can buy residential property in Montenegro on the same terms as citizens.
No residency required to purchase.
What you need
  • · TIN (tax identification number)
  • · Valid passport
  • · Montenegrin bank account (recommended)
Closing costs on this listing
Transfer tax€6,750
Notary (~1%, min €500)€1,950
Legal fees€1,500 – €3,000
Registration€150
Total on top of price~€10,350€11,850
Residency pathway
This property qualifies for a residency permit.
  • 1-year temporary permit, renewable annually
  • No minimum stay requirement
  • Family members can be included
Read the full foreigner buying guide

Buying Property in Montenegro — FAQ

What documents do I need to buy property in Montenegro?

Foreign buyers need a valid passport, proof of funds, and a Montenegrin tax number (PIB). The process is straightforward and typically completed within 4-8 weeks with the help of a local lawyer.

Are there any restrictions for foreign buyers?

Foreign buyers — EU and non-EU alike — can purchase residential property (apartments, houses, villas) on the same legal basis as Montenegrin citizens. Some restrictions apply: agricultural land, forests, and properties in specific border or protected zones typically require a Montenegrin-registered company. Our team guides you through the entire process.

What are the total buying costs?

Expect 5-8% in additional costs on top of the purchase price: progressive transfer tax (3-6%), notary fees (€50-200), legal fees (1-2%), and registration fees. Use our cost calculator for an exact estimate.