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Property Under €500,000 in Montenegro
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HomePropertiesUnder €500,000
Property by Budget

Property Under €500,000

Find luxury property under €500,000 in Montenegro. Villas with pools, penthouses, and premium waterfront homes.

869 properties available
Search Under €500K

Buying Property Under €500,000

Properties under €500,000 access Montenegro's established luxury market, including villas with pools, premium penthouses, waterfront homes, and properties in the most desirable locations.

This is significant capital that opens the full range of Montenegro's property market outside the ultra-luxury segment. You'll be viewing genuinely impressive homes that would cost €1-2 million in established Mediterranean markets.

At this level, expect private pools, substantial gardens, exceptional views, and the quality that discerning international buyers demand. Both lifestyle and investment motivations make sense.

Where to find property Under €500K

Budva Riviera - hillside villas with pools

Kotor Bay - waterfront family homes

Tivat - close to Porto Montenegro

Sveti Stefan area - prestige locations

Luštica Bay - new resort development

Mountain areas - substantial chalets

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Search 869 properties

What to expect

  • Villas (150-250m²) with private pools
  • Premium penthouses with roof terraces
  • Waterfront properties with sea access
  • New developments with full amenities
  • Substantial gardens and parking
  • High-specification finishes

Tips for buyers

  • Villas with pools can earn €3,000-€5,000 weekly in peak season
  • Consider properties suitable for events/groups
  • Luštica Bay offers managed rental schemes
  • Waterfront access is rare and valuable
  • Focus on properties that photograph beautifully

Properties Under €500K

View all 869 →
2 Bed Waterfront Rental
For Sale

€0

2 Bed Waterfront Rental

Tivat
20110m²
Property in Montenegro, Herceg Novi, Drenovik
For Sale

€36,000

Property in Montenegro, Herceg Novi, Drenovik

Herceg Novi
0679m²
537 m² Urbanized Land in Pobrđe, Kotor
For Sale

€40,000

537 m² Urbanized Land in Pobrđe, Kotor

Kotor
0537m²
Property in Montenegro, Herceg Novi, Mokrine
For Sale

€45,000

Property in Montenegro, Herceg Novi, Mokrine

Herceg Novi
01800m²
Non-Urbanized Plot
For Sale

€51,000

Non-Urbanized Plot

Kotor
0790m²
Studio Apartment in Centar, Cetinje
For Sale

€55,000

Studio Apartment in Centar, Cetinje

Cetinje
134m²
For Sale Urbanized land
For Sale

€55,000

For Sale Urbanized land

Montenegro
0300m²
Property in Montenegro, Herceg Novi, Mojdez
For Sale

€55,000

Property in Montenegro, Herceg Novi, Mojdez

Herceg Novi
0758m²
New Apartments in Sutomore
For Sale

€57,816

New Apartments in Sutomore

Bar
026m²
New Apartments in Sutomore
For Sale

€57,816

New Apartments in Sutomore

Bar
1026m²
Plot
For Sale

€60,000

Plot

Tivat
0410m²
630 m² Urbanized Land in Vranovici, Kotor
For Sale

€60,000

630 m² Urbanized Land in Vranovici, Kotor

Kotor
0630m²
View all properties

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Luxury (€500K+)

Frequently asked questions

What kind of villa can I get for €500k?

Expect 150-250m² of living space, 3-4 bedrooms, a private pool, garden, and parking. Sea views are common. Beachfront is rare but hillside locations with views are excellent.

Is Luštica Bay worth considering?

Luštica Bay is a major new development with golf course, marina, and hotels. Properties come with rental schemes and professional management. It's a good option for hands-off investors.

What rental income is possible?

Luxury villas can earn €2,500-€5,000 weekly in summer, generating €25,000-€50,000 annually with good occupancy. Management costs of 20-30% apply.

Porto Montenegro or private villa?

Porto Montenegro offers marina lifestyle and services but smaller spaces. Private villas offer more space and independence but require more management. Choose based on your usage pattern.

Find your property Under €500K

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