House 120 м² in Kotor, Montenegro

429 655 $

3 580 $ /м²

4OW0M

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #1

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #2

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #3

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #4

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #5

House 120m² in Montenegro, Kotor. Priced at 370000€ rent photo- #6

Area

120 м²

Bedrooms

Bathrooms

Luxury detached 2 bedroom house in Kotor

MP-13240 This stone house by the sea consists of three levels connected by a staircase. Behind the house there is a green yard of 168 m2. The first floor consists of a living room with one bathroom and a storage room. Its area is 27 m2, but the actual size is about 40 m2. A staircase leads to the second floor which consists of a living room, a kitchen and a balcony with access to the garden. It has an area of 25 m2. The third floor consists of a bathroom, two bedrooms and a small beautiful balcony overlooking the backyard. It has an area of 23 m2. The beautiful thick stone walls of the house are in need of renovation and framing. There is a parking space in front of the house.

Additional details

Property type

Residential Properties

Object type

House

Price

429 655 $

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 (429 655 $) 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).