MP-10288 Stunning villa on the first line, Risan This villa is located on the first line and thanks to the natural coastline has been given complete privacy. The villa has 4 levels and includes: living room with fireplace, dining room, kitchen, seven bedrooms, seven bathrooms, 4 storage rooms, laundry room, study and of course spacious terraces. Summer kitchen, garage and of course a turbo heated swimming pool. Underfloor heating, central air conditioning. This modern classic style villa is worth seeing and feeling its aura. Tivat airport - 25 minutes by car. Close to everything you need for life and recreation. The first mention of the city dates back to the 3rd century. BC, when the city was a well fortified settlement. It was ruled by the Illyrian queen Tetua. At that time, the first mint on the territory of Montenegro was located here. During the Roman-Illyrian wars, the city was taken over by the Roman Empire for several centuries. This was the period of Risan's prosperity, after which a unique heritage of ancient culture, architecture and art remained. During the Middle Ages, the power in Risan changed several times. It belonged to the Serbian principality of Travunia, then it was part of Zeta, ruled by Prince Stefan Vuksic, was conquered by the Ottoman Empire, and was under the rule of Austria and France. All this has left its mark on the town. Now it is a small and quiet town, with the necessary infrastructure and a special flavor. There is a lot to see here, but mass t
Characteristics
Property type
Residential Properties
Object type
House
Price
3 907 750 $
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 (3 907 750 $) 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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