Herceg-Novi, Herceg Novi, Herceg Novi Municipality, Montenegro. - Hero Image
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Herceg-Novi
Herceg Novi | Herceg Novi Municipality

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Presented At
€450,000
Living
12,325
SQFT
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Herceg-Novi, Herceg Novi, Herceg Novi Municipality, Montenegro. , Herceg Novi , Herceg Novi Municipality

Land with sea view in Kumbor

Land for sale in Kumbor, near the town of Herceg Novi. The plot area is 1145 m2. The plot is urbanized, according to the DUP, two buildings can be built with a maximum total area of about 1140 m2. Permitted number of floors is P + 3 (4 floors above ground). The plot offers a panoramic view of the sea. The plot is only 300 m away from the coast. All connections are nearby.
Map showing Herceg-Novi, Herceg Novi, Herceg Novi Municipality, Montenegro.

Property Location

Herceg-Novi, Herceg Novi, Herceg Novi Municipality, Montenegro., Herceg Novi Herceg Novi Municipality

Local Weather & Climate

Herceg Novi, Herceg Novi Municipality

Current Conditions Updated recently
56 °F
Overcast clouds
Feels Like 55°F
Humidity 82%
Wind 10 mph
Visibility 6.2 mi
Sunrise 6:07 AM
Sunset 3:48 PM
5-Day Forecast
Sun 25 Jan
Rain
High 59°
Low 56°
Mon 26 Jan
Rain
High 52°
Low 47°
Tue 27 Jan
Clouds
High 54°
Low 49°
Wed 28 Jan
Rain
High 53°
Low 51°
Thu 29 Jan
Rain
High 52°
Low 50°
Annual Climate Based on last 12 months
57° Avg Low
Jan
68° Avg High
Aug
186 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
84.9" Annual Rainfall
Wet climate
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❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
❄
11 Snow Days
per year
Monthly Temperatures
Jan
51°
42°
Feb
54°
45°
Mar
58°
46°
Apr
65°
53°
May
71°
58°
Jun
82°
71°
Jul
85°
73°
Aug
89°
78°
Sep
80°
67°
Oct
64°
54°
Nov
59°
51°
Dec
56°
45°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Herceg Novi?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Market Opinion

Our perspective on current market conditions in Herceg Novi. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $45,000,000 20% down ($9,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$3,867
$3,867/day
Your home may appreciate while you sleep
$27,142/week $117,616/mo $1,411,396/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$24.8M
vs
OWN 📈 +$35.1M
$35.1M Potential Equity
vs $24.8M lost to rent over 10 years
$9.0M Down Payment Growth
3.9x
10yr
$35.1M
8.1x
20yr
$72.7M
12.6x
30yr
$113.7M
Wealth Comparison
×271
Equivalent to 271 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $113.7M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
22.4
years
Market-Based
3.14% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $53.0M +18%
Market $61.3M +36%
Optimistic $70.7M +57%
$35.1M est. equity
20 Years
Conservative $62.4M +39%
Market $83.5M +85%
Optimistic $111.1M +147%
$72.7M est. equity
30 Years
Conservative $73.5M +63%
Market $113.7M +153%
Optimistic $174.6M +288%
$113.7M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property offers 12,325 square feet of living space.
This property is listed at $45,000,000, which equals $3651 per square foot.
Based on current market indicators, Herceg Novi shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
Herceg Novi features a pleasant climate. Average temperatures range from 57°F in winter to 68°F in summer. The area receives approximately 84.9 inches of precipitation annually. There are about 186 days with rain throughout the year. Expect around 11 days with snow. This climate information can help you plan for seasonal activities and energy costs.
Herceg Novi tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a land parcel located in Herceg Novi, Herceg Novi Municipality. The property is situated in an established neighborhood with convenient access to local amenities and services.
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