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Flat 97 м² in Kotor, Montenegro

879 $

9 $ /м²

4Oa1R
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Area

97 м2

Bedrooms

2

Bathrooms

2

Spacious two-bedroom apartment in Pshitsa, near Kotor

The apartment is located on the second floor of a house in Prcanj, near Kotor (3 km to the Old Town) and Tivat (7 km to the center of Tivat). It consists of a living room, kitchen with dining area, master bedroom with en-suite bathroom, another bedroom, and a bathroom. The apartment has two large balconies and a small backyard, which is accessed through the kitchen. Each room has electric heating radiators, and the living room has an air conditioner. The total area is 97 square meters including balconies.

Services and facilities

Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

879 $

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 (879 $) 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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