Flat 40 м² in Kotor, Montenegro

514 $

12 $ /м²

4Oa2J

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #1

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #2

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #3

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #4

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #5

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #6

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #7

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #8

Flat 40m² in Montenegro, Kotor. Priced at 450€ rent photo- #9

Area

40 м²

Bedrooms

Bathrooms

A beautiful two-bedroom apartment with a sea view in Sveti Stasije, Kotor Bay

FOR RENT UNTIL APRIL 2024. Located in Sveti Stasija, 5 minutes drive from the Old Town of Kotor. 8 km from Tivat airport. Less than 150 meters from the sea. Excellent one bedroom apartment of 40 m2 is located on the second floor of a small building without elevator. It consists of an open type living room with kitchen and dining area, a nice terrace with sea view, a bedroom and a bathroom. A parking space in front of the building is at guests' disposal. Intercom and video surveillance in the entrance of the building. For more information and to make an appointment to view the property, 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

514 $

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 (514 $) 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).