Flat 60 м² in Kotor, Montenegro

1 185 $

19 $ /м²

4OZs8

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #1

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #2

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #3

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #4

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #5

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #6

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #7

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #8

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #9

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #10

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #11

Flat 60m² in Montenegro, Kotor. Priced at 1000€ rent photo- #12

Area

60 м²

Bedrooms

Bathrooms

Renovated two bedroom apartment near the Old Town of Kotor

This beautiful apartment is located 2 minutes from the Old Town of Kotor, 12 minutes from Tivat airport. There are restaurants, stores within walking distance. The apartment consists of two bedrooms, one bathroom and is fully renovated. There is one parking space.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 185 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kotor; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Kotor short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 185 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Kotor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).