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Flat 70 м² in Kotor, Montenegro

586 $

8 $ /м²

4OZzU
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Area

70 м2

Bedrooms

1

Bathrooms

1

One-bedroom apartment in Prčane, Kotor Bay

Located on the waterfront, just steps away from the sea in Prčane. Approximately 15 minutes drive from the Old Town of Kotor. Recently furnished two-bedroom apartment of around 70 m2 is situated on the first floor of a family house. It consists of an entrance hall, living room with kitchen and dining area, terrace with sea view, one bedroom, one bathroom. Parking space in front of the house. For more 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

586 $

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 (586 $) 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).

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