€850,000

"Zvezda Meljine" is a contemporary guest house in Herceg Novi, in the district of Meljine, which is a small town in Montenegro.
It stands on a 476 m² land plot, and its total area is 302 m². It has a garden with citrus trees and parking spaces for 9 cars. The distance from the beach is 120 m, and there are also bars and restaurants within walking distance. On the ground floor, there is a large living room, kitchen, office, two bedrooms, a bathroom, and three terraces. On the second and third floors, there is one apartment with a terrace and three rooms with balconies, all with shower rooms and toilets.
There are good prospects for selling the house floor by floor or apartment by apartment. Tivat airport is 20 km away, Dubrovnik 29 km, Podgorica 79 km, and Budva and Sveti Stefan 46 km.
ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.
ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.

Learn More about living in Herceg-Novi: Things to Do and See in Herceg-Novi
Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.
Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.
Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.
Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.
All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.
Are you interested in buying a home? Look no further than working with our real estate experts.