Main Countries Buy Rent

Flat 31 м² in Kotor, Montenegro

165 185 $

5 328 $ /м²

4Ocix
Share:

Area

31 м2

Bathrooms

1

Year of construction

2020

Apartments in Kotor

Complex is located in Skaljari area, consists of 5 buildings which have seismically resistant monolith reinforced concrete construction with brick filling. The outer bearing walls, whose thickness is 300mm, are cladded with natural Travertino Verona stone of total area of 7,500 m2.

The total number is 37 flats of 31 to 232 m2. Out of 22 different types of apartment you can choose the option which suits you best, no matter whether it is a spacious family apartment or less comfortable apartment for one person. The average area of a bedroom is 22 m2. The apartments in the complex are sold with full finishing works for which quality materials are used such as the parquet made of best species of wood, granite ceramic Porcelanosa and sanitary equipment Villeroy & Boch and Noken.

Each flat has an optic internet connection, and installed satellite TV with a great choice of channels well.

This complex is at the distance of less than 2 km from the entrance to the Old Town of Kotor , at the distance of a few meters from the complex there is a tourist path of 5 km where you can take a walk through a relict forest and get some fresh air.

Additional details

Property type

Residential Properties

Object type

Flat

Price

165 185 $

Distance to key points, m

To sea 1500

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 (165 185 $) 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).

Related sections