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House 64 м² in Kotor, Montenegro

124 526 $

1 945 $ /м²

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Area

64 м2

Bedrooms

1

Bathrooms

1

Renovated stone semi-detached house in Skalari, Bay of Kotor

BARGAIN PRICE! Partially renovated house of 64 m2 located on a plot of 249 m2. The duplex house consists of a living room, kitchen, bedroom, bathroom and terrace. The house is located a few minutes drive from the Old Town and the beach. The size of the house is 43m2. The property will require sewerage works, septic tank installation and minor interior works. Contact our real estate consultants to schedule a personal viewing.

Additional details

Property type

Residential Properties

Object type

House

Price

124 526 $

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 (124 526 $) 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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