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House 70 м² in Risan, Montenegro

307 827 $

4 397 $ /м²

4OcuH
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Area

70 м2

Bedrooms

2

House with 2 apartments


A house of 70m2 consisting of 2 apartments on a plot of land of 1000m2
Design:
The two apartments with the same - mirror layout, each of 35m2
Entrance area - it is also a living room with a separate kitchen, a room, a bathroom, a large terrace (shared by 2 apartments) of 30m2.
Each apartment has its own entrance
The terrace is closed overlooking its own garden and the sea.
Half of the plot is a garden with fruit trees such as fig, citrus, tangerine, persimmon, cherry, quince, apple,
plum, palm trees and flowers. Wild blackberries grow on the rest of the plot (but the owner plans to uproot them).
Location and infrastructure:
Risan is a beautiful and cozy town located 20 minutes by car from the town of Kotor. All social infrastructure is within walking distance (grocery stores, pharmacy, post office, bakeries, hospital).
The house is located 300 meters from the sea. On the coast restaurants, bars and beaches.
Special features:
There is an option to purchase a second (neighboring house with pool), as a single owner.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

1

Object type

House

Price

307 827 $

Land area

1000

Characteristics

Pool

Distance to key points, m

To sea 300

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 (307 827 $) 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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