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House 150 м² in Kotor, Montenegro

628 072 $

4 187 $ /м²

4OZwG
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Area

150 м2

Bedrooms

3

Bathrooms

2

Stone house with a garden in the Old Town, Kotor

Stone house with an area of 150 m2 in the heart of the Old Town of Kotor. The house consists of a ground floor, 2 upper floors, and an attic space; it has two entrances (one at ground level and one at the level of the upper floor). On the ground floor, there is a small entrance hall, storage room, kitchen, and bathroom. On the second floor, there is a spacious entrance hall and one bedroom. The second floor consists of a small entrance hall, 2 bedrooms, and a bathroom. The attic can be converted into a living space. Behind the house, there is a garden of 50 m2, which is very rare in the Old Town, and since it is hidden from the street, it provides complete privacy. For detailed information and property viewings, please contact our real estate consultants at info@residomontenegro.com.

Additional details

Property type

Residential Properties

Object type

House

Price

628 072 $

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 (628 072 $) 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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