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Flat 60 м² in Kotor, Montenegro

1 066 $

17 $ /м²

4OZzD
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Area

60 м2

Bedrooms

2

Bathrooms

1

Two-bedroom apartment in Scalaria, Kotor

Located in Scalari, just a few minutes walk from schools, numerous shops, markets, and bars. Also nearby is the Old Town of Kotor (about 800 m). The three-bedroom apartment of 60 m2 is located on the third floor in a building with an elevator. It consists of a hallway, an open living room with a modern kitchen and dining area, two bedrooms, a bathroom, and a terrace overlooking the street. Shared parking in front of the building. For more information and appointments to view the property, please contact our real estate consultants at info@residomontenegro.com.

Services and facilities

Lift
Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 066 $

Characteristics

Lift
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 (1 066 $) 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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