Question 1

Can foreigners buy property in Herceg Novi, Montenegro?

Accepted Answer

Yes — foreign nationals can purchase freehold property in Herceg Novi on the same legal basis as Montenegrin citizens. Transactions are completed before a notary and registered with the Real Estate Administration.

Question 2

What is the average property price in Herceg Novi?

Accepted Answer

Herceg Novi property currently trades in the €1,200 – €2,500/m² band, with an average around €1,700 per square metre. Newer builds and seafront locations command a premium.

Question 3

Is Herceg Novi a good place to invest in Montenegro?

Accepted Answer

Herceg Novi nudi najbolji odnos cijene i vrijednosti na Kotor Bay. Blizina aerodroma Dubrovnik (45 min) donosi snažno preklapanje sa hrvatskim tržištem odmora. Pristupanje EU uz niže ulazne cijene predstavlja dodatni potencijal.

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