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Flat 60 м² in Kotor, Montenegro

233 273 $

3 887 $ /м²

4OZw6
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Area

60 м2

Bedrooms

3

Bathrooms

2

Small three bedroom apartment in a new residential complex in Prcan, Bay of Kotor

Located in the beautiful village of Prcanj, Montenegro, where the 5* Hyatt Regency hotel is located. This rather cozy three-bedroom apartment has a shared pool and views of the sea and mountains. From the large balcony with pool next to it, you can enjoy mountain and sea views. The apartment also has underfloor heating, air conditioning, ceiling Bluetooth, etc. It is close enough to enjoy the beach every day (3 minutes drive), yet far enough away from roadside traffic to sleep peacefully at night. The views of the huge bay are spectacular! The natural water of the bay has healing minerals from the mountains. * Apartment features: - 2 small double bedrooms - small children's room - 2 bathrooms (1 of them with bathtub) - storage room - large living room with kitchen and dining area - large balcony of about 12 m2 Note1: In the certificate of ownership the area of the apartment is indicated as 56 m2. The renovation has increased the size of the apartment from 56 m2 to 60 m2 by adding a part of the balcony. Note2: The apartment is sold mostly furnished (except for a sofa, bedside tables, coffee table, mirror). For more information and to make an appointment to view the apartment, please contact our real estate consultants at info@residomontenegro.com.

Services and facilities

Pool
Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

233 273 $

Characteristics

Pool
Air conditioner
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 Kotor; 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 Kotor 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 (233 273 $) 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 Kotor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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