Flat 111 м² in Kotor, Montenegro

395 571 $

3 563 $ /м²

4OZoR

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #1

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #2

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #3

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #4

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #5

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #6

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #7

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #8

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #9

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #10

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #11

Flat 111m² in Montenegro, Kotor. Priced at 353000€ rent photo- #12

Area

111 м²

Bedrooms

Bathrooms

Two bedroom apartment with sea view, close to the Old Town of Kotor

Two bedroom apartment located on the third floor of a small apartment building (without elevator) with beautiful sea views. The building was built in 2010. The 111 m2 apartment includes an open plan living room with kitchen and dining area, three bedrooms, two bathrooms, a spacious terrace overlooking the Bay of Kotor. The distance to the sea is about 200 meters. The main distances from this place are as follows: 12 m to Tivat airport, 89 km to Podgorica airport, 65 km to Dubrovnik airport, 15 km to the most respectable Adriatic marina - Porto Montenegro, 27 km to the summer night capital of Montenegro - Budva, 58 km to the old capital and historical center of Cetinje. For more information and to make an appointment to view the property, please contact our real estate consultants at info@residomontenegro.com.

Additional details

Property type

Residential Properties

Object type

Flat

Price

395 571 $

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 (395 571 $) 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).