House 260 м² in Kotor, Montenegro

849 746 $

3 268 $ /м²

4OVX0

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #1

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #2

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #3

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #4

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #5

House 260m² in Montenegro, Kotor. Priced at 745000€ rent photo- #6

Area

260 м²

Bedrooms

Bathrooms

Luxury detached 9 bedroom house for sale in Kotor, Montenegro

MP-V-7592 Stone villa on the first line of the sea in the village of Prcanj. The foundation of the villa was built about 700 years ago and is of exceptional cultural value. The stone gate is protected by UNESCO. The villa has four floors with a total area of 260 m2. It consists of a large living room, kitchen, dining room, nine bedrooms, four bathrooms, summer garden and two courtyards. The total area of the adjoining plot of land is 400 m2. The villa is suitable for a small hotel. City water supply, public parking. The old town is about 6 km away.

Additional details

Property type

Residential Properties

Object type

House

Price

849 746 $

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 (849 746 $) 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).