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House 105 м² in Risan, Montenegro

280 701 $

2 673 $ /м²

4Oe5v
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Area

105 м2

Bedrooms

3

House in Kotor. The city is Risan.

House with sea views in the center of the historical town of Risan! A cozy 2-storey house is located 200 meters from the sea in the beautiful Bay of Kotor. Suitable for both your own residence and a profitable rental business. The area of the house is 105 sq.m., a distinctive feature from similar proposals in Risan is that the house is located on a land plot of 400 sq.m. with a garden, flowers, palm trees, fruit trees, parking spaces. Technical conditions have been obtained allowing the reconstruction of the existing house with the construction of an additional 240 sq.m. living space. Having your own territory allows you to have wonderful places to relax, there is a swimming pool, there is a summer kitchen with a grill area, it is very cozy and green. House with panoramic terraces, in good condition, the first floor can be used for your own residence, the second floor is ideal for renting out at a high price. Fully equipped with furniture, appliances, ready to move in. In the immediate vicinity there is a beautiful park for walking with children, recreation and sports, chain stores, a pharmacy, a school, a kindergarten, and many objects of cultural and historical value. The house is intended for year-round use. Electricity, city water, the house is dry and warm. Part of the house is lined with marble, high-quality building materials were used. Price: 230,000 €. Prompt display and quick access to the deal. One owner, calculations are considered in various options. All documents are legalized and properly executed.

Additional details

Property type

Residential Properties

Object type

House

Price

280 701 $

Characteristics

Sea View
Mountain View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Risan; 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 Risan 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 (280 701 $) 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 Risan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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