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1076 sqft
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1249 sqft
Real estate in Petrovici
The Herceg Novi region in Montenegro is an attractive location for foreign real estate buyers and investors. If you're in the market for a beautiful home or apartment with stunning views of the Adriatic Sea, Petrovici should be your first stop. This charming village in Montenegro, surrounded by the majestic Orjen Mountain range and dotted with traditional stone houses, has been affectionately referred to as the "Stone Village" or "Kameni Selo” because of its unique architectural stylings and picturesque landscape. Before you reach out to a local real estate agent, get acquainted with the real estate market in Petrovici. Explore what properties are currently available throughout Herceg Novi and what you can expect to pay for a holiday home in such a unique location. Whether you're looking for a quaint stone villa with striking views of the sea, or perhaps a contemporary apartment situated within walking distance of the town's bustling local markets and eateries, Petrovici offers a diverse range of real estate options to suit all tastes and budgets.
Petrovici properties: Market trends overview
Petrovici's real estate market has seen a consistent rise in property prices, catching the attention of foreign investors and potential homeowners, notably from Nordic nations, the United Kingdom, Germany, and the United States. Petrovici's picturesque coastal location harmoniously blends a relaxed way of living with an energetic holiday experience due to an abundance of leisure facilities and yacht clubs, as well as simple access to the bustling city of Herceg Novi. Petrovici, located in Herceg Novi, offers a lively coastal climate, an abundance of historical culture, and an enviable quality of life. In recent years, the local government in Petrovici has increased its investment into the village's growth, offering a wide range of property choices for residents and foreign investors. This includes stylish and practical townhouses, apartments, modern villas, traditional Montenegrin houses, and luxury penthouses. A diverse selection of properties and apartments for sale in Petrovici, Herceg Novi, Montenegro, are available to cater to various budgets and lifestyle choices, making the serene village one of the most appealing destinations for foreign investors.
Average price of a property for sale in Petrovici
What should be your budget while thinking about acquiring properties in Petrovici, Herceg Novi, Montenegro? That question might not have a definitive answer as multiple aspects play a role in the pricing—like the type of property, its distance from the historic center and beaches, the available facilities, and tailored preferences such as lavish features, dimensions, and easy access, etc. As per recent data, the highest listed price for property for sale in Petrovici hit €2,550 per square meter. You would find the costliest properties in the Petrovici Center area. The more affordable prices, with an average price per square meter of €1,850, are located in the Herceg Novi Suburbs area. In terms of property types, the average listing price for a house is currently hovering around €538,600.
Types of properties can you find in Petrovici
In Petrovici, Herceg Novi, Montenegro, the real estate landscape offers a variety of properties, such as charming apartments, luxurious rooftop residences, high-quality seafront villas, and typical Montenegrin stone houses. The top-rated properties are often found in securely gated residential neighborhoods. There is the option for 3-4 bedroom apartments featuring extensive balconies, or two-storey houses, each with its individual entrance and equipped with sizeable terraces and personal kitchens. Additionally, you may choose a newly-constructed villa positioned within a favorable environment in Petrovici, Herceg Novi, boasting sea views, convenient walking distances to the beach, and proving to be an idyllic location to reside. The mix of traditional and contemporary housing in Petrovici provides a unique combination of comfort and style, offering a distinctive living experience for those looking to settle or invest in the beautiful region of Herceg Novi, Montenegro.