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Global Properties

5 bedrooms Villa in Herceg Novi, Montenegro No. 2050

$ 259 314
12.11.2025 $ 259 314
$ 1 297 per m²
5 Bedrooms
1 Bathrooms
200 Living space, m²
Herceg Novi, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Bedrooms
5
Bathrooms
1
Living space, m²
200
ID
2050
Type
Villa
Land area, m²
300
Property description
The complex of stone houses in Luštica peninsula is over a thousand years old. The entire property offers an incredible view of the sea (the entrance to the Bokas Bay), two large Austro-Hungarian fortresses and the olive fields that are the dominant culture of this area.The complex consists of three stone houses that belong to one estate. A lot of yard space adapted to various contents as well as a large number of terraces and green areas give the complex additional comfort and beauty. In the fourth building there is a storage room. The property has its own water.…

The complex is located five minutes drive from one of the most beautiful and attractive places on the Montenegrin coast, the maritime settlement of Rose. The beautiful beaches of Žanjica and Mirišta are ten minutes away, and Luštica Bay, Oblatno beach and others are on twenty minutes drive. The Airport, the cities of Tivat and Kotor are also about twenty minutes drive by car. Budva is about half an hour.
The city of Herceg Novi is only a few minutes away from Rose by boat.

The complex currently contains:

– five bedrooms

– large bathroom

– indoor kitchen with dining room

– outdoor kitchen with dining room

– living room

– pantry

– many terraces and yard space with green areas

* The complex currently covers about 200m2 of indoor and 300m2 of outdoor space.

There is a conceptual solution elaborated in detail in the idea of the current owner, partially drawn (the basic "before and after" drawings are attached), with which the complex would certainly become one of the most attractive places on the Montenegrin coast, while its value would increase many times over. In addition to extensions, expansions, restorations and renovations, the plan is to involve 3 artists who will create works on a given theme that will turn the complex into an art installation in the form of a comfortable seaside villa that will provide its owners and guests a unique stay. A house imagined in this way does not exist in the Mediterranean area or beyond. It is a unique concept. By installing solar panels in addition to its water, the house would also have its own electricity and would be completely self-sustaining.

After the planned works, the house would contain:

– six or seven bedrooms (depending on the owners choice for the size of the master bedroom)

– six bathrooms

– indoor kitchen with dining room

– outdoor kitchen with dining room

– indoor living room

– outdoor lounge with bar

– spa center with gym, sauna, jacuzzi and swimming pool

– outdoor-indoor swimming pool (in the spa)

– outdoor jacuzzi in the yard

– open air cinema

– large wine cellar

– landscaped yard with green areas

– many terraces and corners for rest and enjoyment

* After the renovation complex would have about 300m2 of internal and 300m2 of external space.
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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