Flat 200 м² in Kotor, Montenegro

564 498 $

2 822 $ /м²

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Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #1

Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #2

Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #3

Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #4

Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #5

Flat 200m² in Montenegro, Kotor. Priced at 495000€ rent photo- #6

Area

200 м²

Bedrooms

Bathrooms

Luxury 3 bedroom apartments in Kotor

13534 The apartment is located in a modern apartment building on the fifth floor. The building has an elevator, gym and swimming pool for the residents of the building. The total area of the penthouse is 200 m2 of interior space + 204 m2 of roof terrace. The roof terrace has water and electricity, so here you can create a summer kitchen, place a Jacuzzi, a small pool... The penthouse consists of three bedrooms, open living room with kitchen and dining area, two bathrooms, toilet, technical room and an office that can also be used as a mini gym. It is sold with the furniture that is in the apartment. The apartment is very spacious due to the large number of windows. Located 200 meters from the sea. The location is excellent, near there are cafes, restaurants, markets, schools...

Additional details

Property type

Residential Properties

Object type

Flat

Price

564 498 $

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 (564 498 $) 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).