Property Abroad

Montenegro

Kotor

House

House 400 м² in Kotor, Montenegro

898 720 $

2 246 $ /м²

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House 400m² in Montenegro, Kotor. Priced at 800000€ rent photo- #1

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Area

400 м²

Bedrooms

House in Kotor. City - Kotor

description

House, 4 bedrooms, Kotor, Skaljari

The house is located in the municipality of Kotor, in the best location on the coast of Skaljari. Skaljari is located south of the city of Kotor. The terrace offers stunning views of the mountain and the sea, in the yard of the house there is a swimming pool with a recreation area.

The area of the plot is 1,700 m2,

The area of the house is 450 m2

The house has 4 bedrooms, a sauna and a sports hall. The house is fully furnished, equipped with all necessary household appliances and ready for occupancy. Excellent option for living, summer vacation away from noisy discos at sea or for renting out.

Additional details

Property type

Residential Properties

Number of rooms

Object type

House

Price

898 720 $

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 (898 720 $) 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).