About Herceg Novi
Herceg Novi is known as the "City of Sun and Flowers" for its mild climate and abundant vegetation. Located at the entrance to the Bay of Kotor, the city offers a more relaxed pace than Budva.
The town features a charming Old Town with narrow streets, historic fortresses, and beautiful gardens. The area is known for its spa traditions and healing climate.
Property in Herceg Novi is generally more affordable than other coastal areas, making it popular with retirees and those seeking permanent residence. The city has a strong local community and year-round amenities.
Why Herceg Novi?
- Mild climate year-round
- Beautiful botanical gardens
- Historic Old Town
- More affordable prices
- Strong local community
- Close to Croatia border
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Frequently asked questions about Herceg Novi
Why is Herceg Novi popular with retirees?
Herceg Novi offers a mild climate year-round (200+ sunny days), affordable property prices, excellent healthcare facilities in nearby Igalo, and a strong local community. The cost of living for a couple is around €1,500-€2,000 per month.
How do Herceg Novi prices compare to other coastal areas?
Herceg Novi is more affordable than Budva, Kotor, or Tivat. Apartments start from €1,800 per square metre, with houses from €1,500 per square metre. You can find quality apartments under €100,000.
Is Herceg Novi close to Croatia?
Yes, the Croatian border is just 10 minutes away. Dubrovnik Airport is about 40 minutes by car, offering more international flight options than Montenegrin airports. Many residents shop in Croatia.
What is the expat community like in Herceg Novi?
Herceg Novi has a growing expat community, particularly from Russia, UK, and Northern Europe. The town maintains year-round amenities unlike some seasonal tourist areas, making it suitable for permanent residence.
What should I check before buying in Herceg Novi?
Verify property ownership records carefully, as some older properties lack proper documentation. Check for outstanding debts and ensure all permits are in order. Work with a local lawyer for due diligence.
What is special about Igalo?
Igalo is a neighbourhood of Herceg Novi famous for its health spa tradition and healing climate. The Institut Igalo offers medical treatments and rehabilitation, attracting health tourists year-round.
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