Flat 168 м² in Kotor, Montenegro

505 338 $

3 007 $ /м²

4OWWC

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #1

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #2

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #3

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #4

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #5

Flat 168m² in Montenegro, Kotor. Priced at 424000€ rent photo- #6

Area

168 м²

Bedrooms

Bathrooms

Luxury 3 bedroom apartment in Kotor

The penthouse has an area of 168 m2. It includes an open living room with kitchen, three bedrooms, two bathrooms and a large terrace. It is located on the top floor of a residential building with a private swimming pool. The apartment has a modern style and is equipped with brand new furniture and appliances. It is sold fully furnished. Main features * A garage space of 28 m2 is included. * Excellent rental potential * Supermarket, bakery, beach and small marina with moorings are a short distance from the building. * Prcanj is 5 km from Kotor and 10 km from Tivat and Porto Montenegro complex. * Tivat airport is 12 km away.

Additional details

Property type

All Types

Object type

Flat

Price

505 338 $

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 (505 338 $) 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).