Flat 106 м² in Kotor, Montenegro

1 714 $

16 $ /м²

4Oa2D

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #1

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #2

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #3

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #4

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #5

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #6

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #7

Flat 106m² in Montenegro, Kotor. Priced at 1500€ rent photo- #8

Area

106 м²

Bedrooms

Bathrooms

Beautiful four-bedroom apartment in Scalarari, Kotor

RENT UNTIL 2024 - Located a few minutes walk from the Old Town of Kotor (700 m), shopping center, numerous bars and restaurants. A four-room apartment with an area of 106 m2 is located on the second floor of a small residential building. It consists of a living room, a fully equipped kitchen with dining area, a separate dining room, 3 bedrooms and an office, as well as two bathrooms. There are also two terraces. Tenants have two parking spaces in front of the building. For detailed information and property viewing appointments, please contact our real estate consultants at info@residomontenegro.com.

Services and facilities

Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 714 $

Characteristics

Air conditioner

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 (1 714 $) 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).