Property for sale in Herceg Novi, Montenegro

35 of the 35 properties here are for sale, across apartment, resort & building, house & villa, penthouse, duplex. Asking prices run from €173,000 to €3,375,000.

The median across the portfolio is 7,095 € per m². Within a single town that number moves a great deal, first-line and branded schemes sit well above it, while properties set back from the water sit below.

The offering is not spread evenly: 1 under €200,000, 3 between €200,000 and €500,000, 8 between €500,000 and €1,000,000, 18 above €1,000,000. That distribution is what a town actually looks like, rather than what a single headline price suggests.

Typical sizes follow the type: apartments run to a median of 105 m²; houses & villas run to a median of 260 m². Floor area matters more than the asking price alone, since price per square metre is what makes two towns comparable.

Within the town the offering clusters: 11 in Portonovi, 4 in Đenovići, 4 in Kumbor. Neighbourhoods a few hundred metres apart can differ by a third in price per square metre.

At the median asking price of €1,217,900, transfer tax comes to €65,074 — an effective 5.3%. Since 2024 the rate is progressive rather than a flat 3%, so the bill rises with the band the price falls into.