Property Abroad

Montenegro

Kotor

Flat

Flat 38 м² in Kotor, Montenegro

196 595 $

5 173 $ /м²

4Odze

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #1

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #2

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #3

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #4

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #5

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #6

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #7

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #8

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #9

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #10

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #11

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #12

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #13

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #14

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #15

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #16

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #17

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #18

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #19

Flat 38m² in Montenegro, Kotor. Priced at 175000€ rent photo- #20

Area

38 м²

Bedrooms

Apartment in Kotor. City - Kotor

Description

Two STUDIOS IN THE COUNTRY, ONLY 7 MINUTES WALK TO THE OLD CITY.

- The floor area is 38 m2 and 31 m2

- Stylish design, fully furnished.

- New luxury complex.

- Excellent location: near supermarkets, pharmacy, cafes, restaurants.

- To the Old Town of Kotor only 7 minutes walk, to the beach 15 minutes without climbing uphill. To the airport in Tivat 15 minutes by car.

Ideal investment property! High rental potential, income up to 8-10% per annum.

Kotor is one of the most beautiful and famous cities in Montenegro. The old town of Kotor is a world cultural heritage and is protected by UNESCO.

Price: 175000 euros

Additional details

Property type

Residential Properties

Object type

Flat

Price

196 595 $

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 (196 595 $) 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).