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Flat 50 м² in Prcanj, Montenegro

171 929 $

3 438 $ /м²

4OdG6
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Area

50 м2

Bedrooms

1

Bathrooms

1

Apartment in Kotor. City - Prčanj

Two apartments with panoramic view to the bay in the beautiful village of Prcanj are offered for sale. Both apartments have an area of 42 m2 + 8 m2 terrace.The apartment consists of entrance corridor, living room with kitchen, bedroom, bathroom and terrace. On the territory to each apartment there is a parking place. The complex consists of three houses (apartments in the house number 2). The second floor of the three-storey building. These are two identical apartments with a mirror layout. To the sea is only 50 meters. In walking distance there are cafes, restaurant, store.Location: PrcanjApartment area: 50 sq.m.No. of bedrooms: 1No. of bathrooms: 1

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

171 929 $

Land area

0

Characteristics

Garage/parking

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Prcanj; 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 Prcanj 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 (171 929 $) 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 Prcanj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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