Buy Property in Herceg Novi
Find apartments, houses, villas and land for sale in Herceg Novi, Montenegro
Average asking price €2,600/m², gross rental yield 5.1% — data as of Q2 2026.
Market Statistics — Herceg Novi
Prices & yield in Herceg Novi
Data as of Q2 2026Based on active Top Estate listings; indicative averages, not a guaranteed return.
Neighborhood price breakdown
| Area | Price / m² |
|---|---|
| Stari Grad | €3,400/m² |
| Savina | €2,800/m² |
| Baošići | €2,400/m² |
| Igalo | €2,300/m² |
Indicative average asking prices — actual figures vary by condition, view and floor.
Listings in Herceg Novi
Why Buy in Herceg Novi?
200+ sunny days per year — ideal climate. Famous Igalo spa district for health tourism. Proximity to Croatia and Dubrovnik airport. More affordable than Budva or Tivat with similar quality.
Advantages of Buying
High tourism demand ensures strong rental income year-round
Steady property value growth — 5-10% annually in premium areas
Property purchase qualifies for Montenegro residency permit
Low property tax rates compared to EU countries
Mediterranean climate, clean sea, and safe environment
Montenegro is an EU candidate — property values expected to rise
About Herceg Novi
Herceg Novi sits at the entrance to the Bay of Kotor, known as the 'City of Sun' with 200+ sunny days per year. The city is famous for its Igalo spa district, offering world-renowned health and wellness treatments. Its proximity to the Croatian border and Dubrovnik airport makes it accessible for EU visitors. The atmosphere is relaxed, authentic, and less touristy than Budva.
Read the full Herceg Novi area guidePopular Neighborhoods
Igalo — spa district, popular with health tourists and retirees. Stari Grad — fortified Old Town on the hillside. Topla — waterfront neighborhood, excellent restaurants. Savina — peaceful area near the Orthodox monastery. Đenovići/Baošići — quieter seaside villages east of center.
Infrastructure & Lifestyle
Igalo health institute, general hospital, schools, daily markets. Ferry to Kamenari shortens travel to south coast. Dubrovnik Airport 40 min drive (with border crossing).
Investment Insight
Igalo properties attract year-round health tourists. The retiree market is growing. Best value compared to similar quality in Budva or Tivat — 20-30% lower prices.
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