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Global Properties

54m² Apartment in Herceg Novi, Montenegro No. 1588

$ 206 273
12.11.2025 $ 206 272
$ 3 820 per m²
54 Living space, m²
Herceg Novi, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Living space, m²
54
ID
1588
Type
Apartment
Property description
Herceg Novi, Kumbor district. A new residential complex of six houses

The buyer is exempt from paying the state tax on the turnover of real estate – the sale is carried out "first-hand" - from the Investor

The end of the first phase is January 2026.

The distance to the sea is 200m.…

We offer you:

- A large selection of apartments

- Sea view from all apartments

- Open-plan living spaces

- Spaces flooded with natural light

- Ground floor apartments with private garden

- Outdoor swimming pool with a relaxation area

 Childrens playground

- Barbecue area:

- Gym

- The entire urban infrastructure of Herceg Novi is within walking distance.

The world–famous luxury residential complex Porto Novi is one kilometer away. The entire infrastructure of the complex is freely available: marina – where world-class yachts park, yacht club, gourmet restaurants, branded clothing stores, cozy cafes and night spots and a SPA center

Kumbor will surprise you with its charm – a calm atmosphere and a measured rhythm of life, untouched beaches, stunning landscapes, hiking trails with panoramic views of the Bay and medieval fortresses – UNESCO World Heritage Site

The investor offers a flexible payment system – taking into account the individual capabilities of the Buyer – after making a down payment of 30%. The further payment schedule is developed individually.

Places in the underground garage are purchased separately, at a price of 22,000 euros

All apartments have a sea view
The photo shows the approximate interior designs and furnishings

Our specific recommendation:
T-2E
One-bedroom apartment
The third floor
The area is 53.5 sq.m, including:
- the terrace area is 5.3 sq.m.
The price is 175,000 euros

The area is popular with affluent tourists from all over the world

We provide real estate management services, and we will help you rent out your property

In addition, it is an ideal place for permanent residence

The air temperature in summer is +27+43 degrees, in winter +15, terraces of cafes and restaurants are open all year round

You will find the cleanest beaches with a variety of services, with bars and restaurants, two international airports, architectural monuments under UNESCO protection, ski resorts and elite world–class club services for yachtsmen, as well as 290 sunny days a year, clean ecology and low cost of living, and much more…

Additional information is available upon request with the registration of the Buyer(!!!)

Any questions about price optimization, payment procedure, and others are decided only by the Seller, at a personal meeting (!!!)
Features
Features
  • Fully furnished
Indoor facilities
  • Elevator
Outdoor features
  • Car park
  • Swimming pool
Statistics Herceg Novi
$ 3 376
Price per m²
N/A
Quality of Life Index
43
Cost of living Index
Parameters
[:second_city:]
Herceg Novi
Difference
Monthly Rent Cost
1-Room Apartment
$ 688
2-Room Apartment
$ 483
Apartment Purchase Price per m²
In the City Center
$ 3 376
Outside the City Center
$ 2 464
Crime Index
17
Cost of Living and Rent Index
32
Purchasing Power Index
67
Property Price to Income Ratio
13
Safety Index
83
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
18
Health Care Index
N/A
Groceries Index
41
Pollution Index
21
Traffic Commute Time Index
N/A
Restaurant Price Index
42
Climate Index
89
Cost of Living Index
43
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 11.76
Meal for 2 People, Mid-range Restaurant, Three-course
$ 38.22
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.41
Domestic Beer (0.5 liter draught)
$ 3.12
Imported Beer (0.33 liter bottle)
$ 3.53
Coke/Pepsi (0.33 liter bottle)
$ 2.70
Water (0.33 liter bottle)
$ 1.65
Cappuccino (regular)
$ 2.65
Markets
Milk (regular), (1 liter)
$ 1.38
Loaf of Fresh White Bread (500g)
$ 1.02
Eggs (regular) (12)
$ 3.20
Local Cheese (1kg)
$ 9.41
Water (1.5 liter bottle)
$ 0.96
Bottle of Wine (Mid-Range)
$ 4.70
Domestic Beer (0.5 liter bottle)
$ 1.32
Imported Beer (0.33 liter bottle)
$ 1.84
Cigarettes 20 Pack (Marlboro)
$ 4.12
Apples (1kg)
$ 1.38
Chicken Fillets (1kg)
$ 7.73
Oranges (1kg)
$ 1.68
Potato (1kg)
$ 0.95
Lettuce (1 head)
$ 1.57
Rice (white), (1kg)
$ 3.02
Tomato (1kg)
$ 3.10
Banana (1kg)
$ 1.61
Onion (1kg)
$ 1.33
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.38
Transportation
One-way Ticket (Local Transport)
$ 1.18
Monthly Pass (Regular Price)
$ 47.04
Gasoline (1 liter)
$ 1.73
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 103
Taxi Start (Normal Tariff)
$ 3.06
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 17.64
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 343
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 159
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 33.09
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 12.41
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 099
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 58.80
Tennis Court Rent (1 Hour on Weekend)
$ 11.76
Cinema, International Release, 1 Seat
$ 8.23
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 88.20
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 35.28
1 Pair of Nike Running Shoes (Mid-Range)
$ 76.44
1 Pair of Men Leather Business Shoes
$ 99.96
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 470
International Primary School, Yearly for 1 Child
$ 7 320
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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