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Property for Sale in Herceg Novi

Find the best properties for sale in Herceg Novi — apartments, houses, villas and more

Average asking price €2,600/m², gross rental yield 5.1% — data as of Q2 2026.

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Market StatisticsHerceg Novi

Prices & yield in Herceg Novi

Data as of Q2 2026
Avg. buy price
2,600/m²
Avg. monthly rent
11/m²·mo
Gross rental yield
5.1%
Price growth (YoY)
+5%

Based on active Top Estate listings; indicative averages, not a guaranteed return.

Neighborhood price breakdown

AreaPrice / m²
Stari Grad3,400/m²
Savina2,800/m²
Baošići2,400/m²
Igalo2,300/m²

Indicative average asking prices — actual figures vary by condition, view and floor.

Why Buy in Herceg Novi?

Charming coastal town with mild climate year-round. More affordable than Budva and Tivat with similar quality. Close to Croatian border — easy access to Dubrovnik. Health spas, botanical gardens, and vibrant cultural life.

Advantages of Buying

Wide selection of properties from private sellers and agencies

Verified listings with photos, descriptions and exact location

New listings appear daily — find the best deal before others

Largest property platform in Montenegro with 11,000+ listings

Multilingual descriptions in Russian, English and Montenegrin

Compare prices, areas and amenities across neighborhoods

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 guide

Popular 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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Property for Sale in Herceg Novi

Find the best properties for sale in Herceg Novi — apartments, houses, villas and more

View available listings