House 800 м² in Kotor, Montenegro

5 278 433 $

6 598 $ /м²

4OVWs

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #1

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #2

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #3

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #4

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #5

House 800m² in Montenegro, Kotor. Priced at 4500000€ rent photo- #6

Area

800 м²

Bedrooms

Bathrooms

Luxury detached house for sale in Kotor, Montenegro

Total living area: 800 m2 Plot size: 9,000 m2 Bedrooms: 10 Bathrooms: 10 Bathrooms: 10 Swimming pool: 12 m x 6 m Palazzo Jerovica is a complex of 5 buildings with a total living area of approximately 800 m2, set on a plot of land of approximately 9,000 m2. The complex has a total of 10 bedrooms in three separate buildings, spacious terraces and gardens, a 12 x 6 m swimming pool, a separate sauna with gym and a separately built storage for garden tools. In the immediate vicinity of the complex is the Hyatt Regency Hotel, as well as numerous restaurants, stores and the picturesque historic coastline of the village of Prcanj. The old town of Kotor is 8 km away, while Porto Montenegro is approximately 7 km away. The nearest marina is located in Prcanj. The main villa was remodeled in 2016-2018 to high architectural standards. It includes a living room with reading gallery, kitchen, bathroom with storage room and 4 bedrooms with private bathrooms. The guest villa includes a living room with kitchen and bathroom, 5 bedrooms arranged on 4 levels, 3 bathrooms and a storage room. The studio house consists of one large room with a small kitchen and bathroom. The auxiliary buildings include a sauna, gym, bathroom and storage room. The swimming pool measures 12 x 6 meters and is located in a beautiful garden with picturesque greenery. Entrance to the Palazzo Jerovica is through the main electronically controlled gate. The property is accessed via a private paved driveway with ample parking for several cars. On the plot

Additional details

Property type

Residential Properties

Object type

House

Price

5 278 433 $

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 (5 278 433 $) 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).