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Flat 97 м² in Prcanj, Montenegro

274 687 $

2 831 $ /м²

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Area

97 м2

Bedrooms

2

Apartment in Kotor. City - Prčanj

Apartment in a complex in Prčanj, Kotor, located in a quiet and cozy area near the main attraction of Prčanj - the Church of the Virgin Mary. The complex features a large landscaped area, parking, a swimming pool, and a barbecue area. The area is 97 m2, on the 3rd floor. It has 2 bedrooms and 3 bathrooms. There is a sea view from the terrace and windows. The layout includes a corridor, a large bathroom, a bedroom with a balcony (forest view), a master bedroom with an en-suite bathroom and a balcony (sea view), a spacious living room with a kitchen and dining area, leading to a large terrace with a view of the sea and the bay. Designer renovation, air conditioning in every room, electric underfloor heating, and the possibility to install a fireplace. Sold with all furniture and appliances (except for the television). Price: 235,000 euros.

Additional details

Property type

Residential Properties

Number of rooms

2

Floor

3

Object type

Flat

Price

274 687 $

Characteristics

Sea View

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 (274 687 $) 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).

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