Home / Properties / IDD 3658
For sale · Commercial
Commercial Space in Herceg Novi Old Town – Investment Opportunity
HERCEG-NOVI, Herceg Novi, Montenegro
€ 650.000
€ 3.916 / m²
Add to favourites 166m²
Floor area
2
Bedrooms
Type
Commercial
Photos
Description
IDD 3658
A commercial property for sale located in the heart of the Old Town in Herceg Novi, offering a strong investment opportunity with great development potential.
The total area is 166 m², distributed over two levels – ground floor and first floor – connected by a spiral staircase. An additional highlight is the 133 m² courtyard with sea views, a rare feature in this area.
The property has two entrances: a main entrance from the square leading directly to the first floor, and a secondary entrance to the ground floor from the rear courtyard, allowing flexible usage options.
Currently used as a residential space, the property was previously a restaurant, and all necessary connections are still in place. The ground floor consists of a large open area with kitchen installations and a toilet, while the first floor includes a hallway, spacious living area, large bathroom, and one large bedroom.
The building features a stone façade and stone flooring, preserving the authentic Mediterranean character.
The property requires investment, but due to its prime location and layout, it offers excellent potential for a restaurant, boutique hotel, apartments, or an exclusive commercial concept.
Mortgage and cost calculator
Monthly payment—
Loan amount—
Purchase costs (estimate)
- Transfer tax (3 %)
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- Notary, fees, registration (1.5 %)
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- Total incl. price
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Indicative only. Exact loan terms come from the bank and costs from the notary; the agency fee is agreed separately.
Location
Approximate location — the area the property is in is shown, not the exact address.