Skip to main content

How much does a luxury flat cost in Herceg Novi? Flats over €500,000 (November 2026)

On 12 November 2026, 52 flats in Herceg Novi asked €500,000 or more on Fijaka, at a median of €850,000 for 138 m²; 17 asked €1 million or more. By size and view.

Rohat KahramanAttorney, RoNa Legal

· Reviewed for legal accuracy

RoNa Legal
A laptop and notebook on a stone terrace in Herceg Novi overlooking the sea

How much does a luxury flat cost in Herceg Novi? On 12 November 2026, 52 flats in the municipality of Herceg Novi asked €500,000 or more on Fijaka. Their median asking price was €850,000 for 138 m² (€8,530 per m²), and 17 of them asked €1 million or more.

The largest seller has 42% of these flats; without its listings the median is €819,000.

By size

SizeFlatsMedian priceMedian size
One bedroom11€700,00078 m²
Two bedrooms18€790,000129 m²
Three bedrooms12€876,000158 m²

Of the 52 flats, 4 are penthouses and 2 duplexes. 94% of those that state a view (17) have a sea view.

Current listings: sea-view flats for sale in Herceg Novi and flats for sale in Herceg Novi.

What does buying cost on top of the price?

  • Transfer tax on a resale flat is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €850,000 that is €43,000. See the property transfer tax guide.
  • A new flat bought from a developer carries VAT in the price instead.
  • The property route to a residence permit needs a tax-assessed value of €150,000: investing in Montenegro property: key numbers.

Related answers

Frequently asked questions

How many luxury flats are for sale in Herceg Novi? 52 flats asked €500,000 or more on 12 November 2026; 17 asked €1 million or more.

What does a luxury flat in Herceg Novi cost per square metre? A median €8,530 per m² for flats over €500,000.

How much is a two-bedroom luxury flat in Herceg Novi? A median €790,000 for 129 m², across 18 listings.

How these numbers were measured

Asking prices of all active flats, penthouses and duplexes for sale in the municipality of Herceg Novi asking €500,000 or more on Fijaka on 12 November 2026. Medians leave out listings without a price. A size row is shown with at least 15 listings (sizes: 10) from at least 3 sellers. These are asking prices, not sale prices.

Property: all articles

Read this article in another language

This article is for informational purposes only and does not constitute legal advice. We recommend seeking professional advice from a licensed attorney for real estate transactions in Montenegro.