Other Properties 500 м² in Prcanj, Montenegro

1 303 547 $

2 607 $ /м²

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Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #1

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #2

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #3

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #4

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #5

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #6

Other Properties 500m² in Montenegro, Prcanj. Priced at 1100000€ rent photo- #7

Area

500 м²

Other sites in Kotor. The city - Prčanj

We offer for sale from the owner an exclusive plot with unique views for the construction of a villa, residence or hotel on the coast 5 kilometers from the town of Kotor.The total area of the plot is 2.5 hectares. The plot is located 100 meters from the sea. The plot is connected to the road, water and electricity.It is a quiet place away from human traffic and at the same time in close proximity to all elements of civilization. Stunning sea view surrounded by its own grove of olive and fruit trees.Here you can build a private villa, residence, hotel or a complex of buildings for corporate vacations. There are possibilities to build a swimming pool, as well as enough space for several tennis courts, sports and children's playgrounds. Kotor Bay is Montenegro's UNESCO protected pearl, open all year round for recreation, tourism, yachting and numerous festivals.There are 3 possible purchase options:- 5000 m2 (allowed to build a villa up to 500 m2) for 1,100,000 euros,- 10000 m2 (allowed to build 2 villas of 400 and 300 m2) for 2 million euros,- 25000 m2 (allowed to build a complex of buildings) for 4.5 million euros.A unique offer for plots of this class in the Bay of Kotor.Location: Prcanj villagePlot area: 5000-25000 sq.m.Distance from the sea: 100 meters

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Other Properties

Price

1 303 547 $

Land area

5000

Characteristics

Pool

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Prcanj; 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 Prcanj 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 (1 303 547 $) 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 Prcanj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).