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Flat 83 м² in Kotor, Montenegro

246 326 $

2 967 $ /м²

4OVqo
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Area

83 м2

Bedrooms

3

Bathrooms

2

Luxury 3 bedroom apartment in Kotor

MP-13254 Excellent three bedroom duplex 50 meters from the sea, Dobrota This duplex consists of a first floor and an attic connected by an internal staircase. On the first floor there is a living room with kitchen and dining area, a bathroom and a bedroom, and on the attic there is one bedroom, a small kitchen and a bathroom. The duplex has an area of 77 m2 and a storage room of 6 m2. This duplex also has its own parking space. The apartment is fully renovated and furnished with beautiful and quality furniture. On one side there is a view to the Old Town and on the other side there is a partial sea view. The apartment has great rental potential due to its proximity to the sea, markets, Old Town...

Additional details

Property type

All Types

Object type

Flat

Price

246 326 $

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 (246 326 $) 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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