A cozy apartment of 39 m2 is offered in the picturesque village of Kumbor in the municipality of Herceg Novi. The space is rationally planned: a bright living room combined with a kitchen area, a separate bedroom provides comfort and privacy, and a spacious terrace offers magnificent views of the azure waters of the Bay of Kotor. The cost of the facility is 105,000 euros.
Cumbor attracts with its convenient location: only 6 kilometers away is the center of Herceg Novi, and the international airport of Tivat can be reached in about half an hour. The infrastructure of the area is developing rapidly: shops, restaurants, cozy cafes and walking areas are within walking distance. Nearby is the elite Portonovi complex with a marina, a five-star hotel and a wellness center.
The region is famous for its rich historical heritage and natural beauty. In the surrounding area you can visit the Mamula Fortress, Savina Monastery, the old town of Herceg Novi and the famous Blue Grotto. The proximity of the mountains and the clear Adriatic Sea create a unique microclimate, which makes this area especially attractive for living and recreation.
The real estate market is steadily growing here. Over the past five years, prices have increased by an average of 20-30%, which makes the purchase a profitable investment. The apartment is suitable for both personal living and rental — during the tourist season, similar facilities are rented at a rate of 60-80 euros per day.
When buying a property in Montenegro, you can apply for a temporary residence permit, but even owners of less expensive housing can renew their residence permit annually based on their ownership of the property.