Flat 77 м² in Kotor, Montenegro

288 605 $

3 748 $ /м²

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Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #1

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #2

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #3

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #4

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #5

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #6

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #7

Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #8

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Flat 77m² in Montenegro, Kotor. Priced at 257500€ rent photo- #14

Area

77 м²

Bedrooms

Bathrooms

Nice two bedroom duplex within walking distance of Kotor's Old Town

This brand new two bedroom duplex apartment is located on the second floor of a small residential building, just 100 meters from the sea and the Old Town of Kotor. The 77 m2 apartment comprises an open plan living room with kitchen and dining area, two bedrooms and two bathrooms. The price includes an open parking space in front of the building, as well as a basement storage area of 6 m2. For more information and to make an appointment to view the property, please contact our property consultants at info@residomontenegro.com.

Additional details

Property type

Residential Properties

Object type

Flat

Price

288 605 $

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 (288 605 $) 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).