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House 124 м² in Kotor, Montenegro

882 486 $

7 116 $ /м²

4OVgY
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Area

124 м2

Bedrooms

5

Bathrooms

3

Luxury detached 5 bedroom house in Kotor

MP-K-7790 Traditional stone house in the heart of the museum city - Perast The house is located 50m from the sea and is slightly elevated, giving excellent, open sea views. The internal area is 124m2 on three levels. Basement 65m2. Garden 150m2. In total there are five bedrooms, three bathrooms and a living room with kitchen. Stone steps lead from the house to the sea. The house needs some cosmetic repairs. Ideal place for a quiet and romantic vacation!

Additional details

Property type

Residential Properties

Object type

House

Price

882 486 $

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 (882 486 $) 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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