Flat 115 м² in Kotor, Montenegro

371 455 $

3 230 $ /м²

4OZzr

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #1

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #2

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #3

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #4

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #5

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #6

Flat 115m² in Montenegro, Kotor. Priced at 318000€ rent photo- #7

Area

115 м²

Bedrooms

Bathrooms

Renovated four-room apartment on the first line in Muo, Kotor Bay

This beautiful apartment is located on the second floor of an old stone house and has been completely renovated. It consists of two bedrooms with a direct view of the sea, another bedroom, a kitchen, dining room, living room, utility room, bathroom, and office. Above the apartment is a 92 m2 loft, which is registered as a non-residential space. It is being sold unfurnished. Just 2 minutes away from the house are small markets, a restaurant, bars, hospital, police station, betting shops, hairdresser, and cobbler. The distance to the old town of Kotor is less than one kilometer.

Additional details

Property type

Residential Properties

Object type

Flat

Price

371 455 $

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 (371 455 $) 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).