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House 585 м² in Kotor, Montenegro

ID 4OWQ0
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Area
585 m²
Bedrooms
4
Bathrooms
6

Description

Luxury house for sale in Kotor

Area: 585,60 sq. m. + plot of 940 m2 Stylish, exquisite family villa, built in 2014 using only quality, environmentally friendly materials and modern technology, according to an individual project. First level: garage, laundry room, recreation area (sauna, shower, dressing room, kitchen, bar, billiards), utility room and bathroom. Second level: hall, study, living room, dining room, kitchen, bathroom, terrace, wine cellar and utility room. Third level: 3 bedrooms, 3 bathrooms, 2 terraces. Fourth level: kitchen and dining room, living room, bedroom, bathroom, 2 terraces. Specification * First-class Italian ceramic tiles and sanitary ware from Marazzi * First-class oak parquet from German manufacturer Haro * Bathroom accessories and shower cabins from Grohe * Alumil aluminum windows * Viofel lighting inside and outside the house * Double-sided Italian fireplace from Nordica, faced with stone * First-class interior doors from the manufacturer Door 2000 * Main entrance door from Alumil * Automatic sprinkler system Hunter * Slovenian bioseptic Rot * Central boiler 500 l * Rehau plumbing systems * Modular electrical equipment LeGrand * Built-in surround sound system in the whole house * Multi split - Hitachi split-system air-conditioning * Warm floors of English manufacturer Warmup * All bearing walls are faced with natural first-class stone from Montenegro * Fences on all terraces are made with tempered glass * Wrought iron fence around the perimeter of the plot Built

Characteristics

Property type
Residential Properties
Object type
House
Price
1 674 750 $

FAQ

How can I get a residence permit by buying property in Montenegro?

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.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 674 750 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

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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