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AI Summary

A unique 985 sq. m land plot in picturesque Kamenovo offers stunning opportunities to build the home of your dreams, just 500 meters from the Adriatic Sea shore. This rare offer in a prestigious location combines privacy, the purest air, and proximity to the best beaches on the coast. The property is priced at EUR 900,000, making it an excellent investment in premium real estate.

No. 2473

Land Plot with Project in Kamenovo No. 2473

Kamenovo · Budva Riviera
€900,000
View: Sea view, Mountain view

Details

Area
985 m²
Year built
2026
To sea
500 m
Price per m²
€914

Description

Investment Offer in Kamenovo, Budva Riviera

A unique plot of land is offered in one of the most prestigious and sought-after areas of Montenegro — Kamenovo, Municipality of Budva, Cadastral Municipality of Sveti Stefan.

Location:
Just a few minutes from the famous beaches of Kamenovo and Sveti Stefan.
Convenient access and a quiet setting, combining privacy with proximity to the tourist infrastructure of the Budva Riviera.

Plot parameters:
Total area: 985.46 m² (4 adjoining plots).
Purpose: residential development.

Project and permits:
A project for the construction of 4 modern houses in a unified architectural concept has been developed and approved.
Each house: S+P+1 (basement + first + second floor), 125 m² gross.
Total residential development area: 500 m².
The project includes 2 swimming pools for shared use by residents.
All construction documentation has been approved, allowing the investor to begin implementation immediately.

Investment potential:
Opportunity to build and subsequently sell or rent out the houses with high returns.
A promising area with growing demand for premium real estate.
A ready architectural concept and permits significantly reduce project implementation time.

An ideal offer for investors looking for a turnkey development solution on the Adriatic coast

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€900,000
Property transfer tax
€46,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €24,000 (6% × 400,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€47,433
Estimated costs to purchase the propertyTotal: €947,433

Location

What's nearby

  • Kindergarten969 m
  • GroceriesFranca637 m
  • Pharmacy1.5 km
  • RestaurantVillage686 m
  • Bus stopKamenovo623 m
  • ATM688 m
  • AirportTivat Airport20.2 km
  • PortMarina Budva4.9 km
  • Sea500 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 500 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€900,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€4,477/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€4,623/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€4,697/mo
Monthly payment
€4,158
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€630,000
Total interest€367,853
Loan amount
€630,000
Total interest
€367,853
Total payment
€997,853

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€900,000
€914/m²No. 2473