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Flat 40 м² in Kolasin, Montenegro

298 918 $

7 472 $ /м²

4OWEA
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Area

40 м2

Bedrooms

1

Bathrooms

1

Luxury 1 bedroom apartment for sale in Kolasinj, Montenegro

This cozy ski apartment is located in a hotel in the center of the ski resort 1450. This condo is a great investment opportunity - you can stay in it during the ski and summer season and rent it out the rest of the year and earn a return on investment. The model for all rental units will be Rental Pool, 60 for the unit owner and 40 for the hotel after expenses are deducted. Colasin is seeing record numbers of tourists this year due to the opening of the highway and has surpassed the 2021-2022 ski season by more than 40 visitors. Colasin is also under a steady and continuous influx of investment and government attention to the development of the north. The master plan for Kolasin includes 100+ km of ski slopes (currently 42 km), 20+ hotels at 1,450 and 1,600 ski centers and infrastructure improvements that will connect northeastern Montenegro to Kolasin, as well as continued construction of a highway to the border. The average travel time to the resort from the capital Podgorica is 50 minutes and from the Montenegrin coast from 1h30min. ‍

Additional details

Property type

All Types

Object type

Flat

Price

298 918 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kolasin; 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 Kolasin 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 (298 918 $) 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 Kolasin: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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