Sale, land, 800m², Porto Novi, Herceg Novi
Herceg Novi
750.000 €
Area
800 m²
PROPERTY DESCRIPTION
An exceptional investment opportunity in one of Montenegro’s most prestigious coastal locations. This 800 m² development plot is situated only 100 meters from Portonovi Resort, offering outstanding development potential and breathtaking sea views.
With a valid building permit, approved project, and all development fees already paid, this property is fully prepared for immediate construction, making it a rare turnkey investment opportunity.
Property Overview- Location: Near Portonovi, Herceg Novi
- Land Size: 800 m²
- Price: €750,000
- Distance to Portonovi: 100 m
- View: Panoramic sea view
- Status: Ready for immediate development
The property comes with:
✔ Valid building permit
✔ Approved architectural project
✔ Gross construction area of 1,400 m²
✔ All municipal and development fees paid
✔ Immediate construction readiness
This significantly reduces development timelines and investment risk.
Prime LocationLocated in one of the fastest-growing luxury destinations on the Adriatic coast:
- 100 m from Portonovi Resort
- Close to luxury marinas and beaches
- Excellent connectivity to Tivat and Kotor
- Surrounded by high-end residential and hospitality developments
✔ Building permit already obtained
✔ Approved project included
✔ 1,400 m² development capacity
✔ Spectacular sea views
✔ Walking distance to Portonovi
✔ One of Montenegro’s strongest luxury markets
✔ Immediate construction opportunity
- Luxury apartment development
- Boutique hotel project
- Branded residences
- Holiday rental investment
- Long-term real estate development
1) What is for sale?
An 800 m² development plot near Portonovi.
2) How far is Portonovi?
Approximately 100 meters.
3) Does the property have a building permit?
Yes, a valid permit is included.
4) Is there an approved project?
Yes, a completed project is included in the sale.
5) What is the permitted construction size?
Approximately 1,400 m² gross build area.
6) Are development fees paid?
Yes, all associated costs have been settled.
7) Does the property have sea views?
Yes, spectacular panoramic sea views.
8) Is it ready for immediate construction?
Yes.
9) Is this a good investment?
Yes, it is a rare ready-to-build opportunity in a prime luxury location.
10) Why is this property unique?
Its proximity to Portonovi, approved project, paid fees, and immediate development readiness make it highly attractive for investors.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 750.000 € for 800 m², this listing works out to 938 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.