Flat 114 м² in Kotor, Montenegro

396 207 $

3 475 $ /м²

4OVdw

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #1

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #2

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #3

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #4

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #5

Flat 114m² in Montenegro, Kotor. Priced at 353000€ rent photo- #6

Area

114 м²

Bedrooms

Bathrooms

5-room luxury apartment in Kotor

The apartment is located in a quiet neighborhood with an owned small boat marina, swimming pool, reception, restaurant and parking for residents. The apartment is located on the second floor, with open plan living room, kitchen, dining room, 3 bedrooms, 2 bathrooms, terrace and garden. The building is only 50 meters away from the sea. The apartment offers amazing views of the sea and the Bay of Kotor. It is a great investment opportunity and can also be rented out to tourists during the summer season.

Additional details

Property type

All Types

Object type

Flat

Price

396 207 $

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 (396 207 $) 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).