Property Abroad

Montenegro

Kotor

Prcanj

Flat

Flat 97 м² in Prcanj, Montenegro

252 576 $

2 603 $ /м²

4OdHc

Flat 97m² in Montenegro, Prcanj. Priced at 215000€ rent photo- #1

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Area

97 м²

Bedrooms

Bathrooms

Apartment in Kotor. City - Prčanj

We present to your attention a very spacious apartment with 2 bedrooms in 2 minutes walk to the sea in the village of Prcanj.The apartment is located in a complex of 3 houses with its own territory. The apartment is located on the 2nd residential floor and occupies half of the floor.The apartment consists of:- 2 spacious bedrooms,- 3 bathrooms,- large living room with kitchen and dining area,- 3 terraces with mountain and sea views.The apartment is equipped with air conditioning and warm floor in the bathroom. The complex has plenty of parking spaces.Excellent option for permanent residence, as well as for summer vacation or for rent. The complex is surrounded by trees, so in the summer it is not so hot.Payment is possible cashless payment, as well as in the Russian Federation.Location: PrcanjApartment area: 97 m2No. of bedrooms: 2Number of bathrooms: 3

Services and facilities

Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

252 576 $

Land area

Characteristics

Air conditioner

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 (252 576 $) 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).