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House 225 м² in Kotor, Montenegro

479 942 $

2 133 $ /м²

4OZzt
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Area

225 м2

Bedrooms

5

Bathrooms

4

House with a sea view in Dobrota, Kotor Bay

The family house is located on a plot of 394 m2, with a living area of 225 m2. P +1 - Duplex - consists of three bedrooms, a living room, a dining room, a kitchen, a bathroom, and a toilet. There is also a large terrace with sea views. On the second floor, there are two bedrooms, a living room, a kitchen, and a large bathroom. There is also a terrace with sea views. The house has six phone lines, a 14 m2 storage room, and each room has its own climate control. A minor renovation is required.

Additional details

Property type

Residential Properties

Object type

House

Price

479 942 $

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 (479 942 $) 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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