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Global Properties

4 bedrooms House in Herceg Novi, Montenegro No. 2001

$ 2 006 552
12.11.2025 $ 2 006 552
$ 5 621 per m²
4 Bedrooms
2 Bathrooms
357 Living space, m²
Herceg Novi, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Bedrooms
4
Bathrooms
2
Living space, m²
357
ID
2001
Type
House
Land area, m²
638
Property description


LOCATION

This villa is located in Herceg Novi, 8 km away from the city center. The sea and the beach are 600m away from the villa. Tivat airport is 16 km away, Podgorica airport 84 km and Dubrovnik airport is 34 km away from the villa. Various restaurants, hotels, grocery shops and bars are in close proximity to the villa.



ABOUT THE PROJECT

The villa has 3 levels. It has a pool. The villa has a garage that can accommodate 1 car. It is connected by an asphalt road to the main road.
Construction will be finished in 2026.…



DESCRIPTION OF THE VILLA

Structure of the villa

Basement:

• garage

• hallway

• home gym

• 2 technical rooms

• stairway

Ground floor:

• living room with kitchen and dining table

• hallway

• guest room

• toilet

• stairway

First floor:

• 3 bedrooms

• 2 bathrooms

• laundry room

• stairs

The villa itself has 357,56m2, while its plot has 638m2. It has a view of the sea and the mountains that surround it.



WHY CHOOSE THIS VILLA

This villa is perfect for a summer home and short term rental. Its proximity to the beach, restaurants, grocery shops and school makes it a perfect short-term rental and an opportunity for the buyer to have a return on investment.



PAYMENT PLAN

Payment Milestone Breakdown for Buyers



10% deposit upon reservation

20% upon foundation completion

30% upon structural completion

20% upon installation of major systems (plumbing, electrical, HVAC).

20% upon final handover when the villa is fully completed.



Deposit upon Reservation



Upon Foundation Completion 172,000

Upon Structural Completion 344,000

Upon Installation of Systems 516,000

Upon Final Handover 344,000

Total 1,720,000





DESCRIPTION OF THE REGION AND MUNICIPALITY

Herceg Novi is said to be one of the most beautiful cities on the Adriatic coastline. This urban oasis of greenery and crystal blue sea is an ideal place for vacation and as a kind of haven of romance, a place where the beauty remains equally staggering at any time of the year. Beautiful beaches, Mediterranean climate, parks and gardens with a wide variety of exotic greenery, and a diverse gastronomic offer, make this destination ideal for everyone who plans to spend their vacation along the coast of Montenegro.



It is difficult to say what is more interesting and enriching on the Herceg Novi Riviera. History and valuable cultural monuments, such as Kanli Kula, Španjola and Fore Mare fortresses, the iconic island of Mamula, the remains of the Citadel, as many as 89 sacral objects scattered across the municipality, the lush vegetation that blooms at any time of the year, or maybe the towers and squares that are a perfect natural scenography for numerous cultural events and prestigious festivals that take place all year round in our city.



Statistics Herceg Novi
$ 3 347
Price per m²
N/A
Quality of Life Index
44
Cost of living Index
Parameters
[:second_city:]
Herceg Novi
Difference
Monthly Rent Cost
1-Room Apartment
$ 732
2-Room Apartment
$ 479
Apartment Purchase Price per m²
In the City Center
$ 3 347
Outside the City Center
$ 2 443
Crime Index
17
Cost of Living and Rent Index
32
Purchasing Power Index
65
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
40
Pollution Index
21
Traffic Commute Time Index
N/A
Restaurant Price Index
43
Climate Index
89
Cost of Living Index
44
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 11.66
Meal for 2 People, Mid-range Restaurant, Three-course
$ 40.81
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.49
Domestic Beer (0.5 liter draught)
$ 2.92
Imported Beer (0.33 liter bottle)
$ 3.79
Coke/Pepsi (0.33 liter bottle)
$ 2.57
Water (0.33 liter bottle)
$ 1.63
Cappuccino (regular)
$ 2.67
Markets
Milk (regular), (1 liter)
$ 1.37
Loaf of Fresh White Bread (500g)
$ 1.01
Eggs (regular) (12)
$ 3.18
Local Cheese (1kg)
$ 9.33
Water (1.5 liter bottle)
$ 0.95
Bottle of Wine (Mid-Range)
$ 4.66
Domestic Beer (0.5 liter bottle)
$ 1.22
Imported Beer (0.33 liter bottle)
$ 1.83
Cigarettes 20 Pack (Marlboro)
$ 4.08
Apples (1kg)
$ 1.36
Chicken Fillets (1kg)
$ 7.44
Oranges (1kg)
$ 1.82
Potato (1kg)
$ 1.00
Lettuce (1 head)
$ 1.55
Rice (white), (1kg)
$ 2.74
Tomato (1kg)
$ 3.07
Banana (1kg)
$ 1.59
Onion (1kg)
$ 1.32
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 12.53
Transportation
One-way Ticket (Local Transport)
$ 1.17
Monthly Pass (Regular Price)
$ 46.64
Gasoline (1 liter)
$ 1.72
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 33 817
Taxi Start (Normal Tariff)
$ 3.03
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 17.49
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 156
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 157
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 32.82
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 12.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 090
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 58.30
Tennis Court Rent (1 Hour on Weekend)
$ 11.66
Cinema, International Release, 1 Seat
$ 8.16
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 87.46
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.98
1 Pair of Nike Running Shoes (Mid-Range)
$ 75.80
1 Pair of Men Leather Business Shoes
$ 99.12
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 466
International Primary School, Yearly for 1 Child
$ 7 259
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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