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Flat 54 м² in Prcanj, Montenegro

296 260 $

5 486 $ /м²

4OgTc
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Area

54 м2

Bedrooms

1

Bathrooms

1

Apartment on the first line in a historic building

Unique offer - an exquisite apartment in a fully restored palace of the XVIII century, located on the first line of the picturesque coast in the prestigious Prchan district, near Kotor - a UNESCO World Heritage Site.


This place perfectly combines a rich history, the atmosphere of a secluded Mediterranean resort and the comfort of modern life. Nearby there are ancient churches, boutiques, elite hotels and an embankment, imbued with the spirit of authentic Montenegro.



Advantages of the object:

The apartment area is 54 m2, the last floor, privacy and silence.
Own terrace, hidden from prying eyes - a rarity for such objects.
Closed garage, included in the price, with private parking and a panoramic roof terrace (100 m2), accessible only to residents.
Water heating, ventilation and air conditioning system - thoughtful comfort at any time of the year.
In the neighboring building there is a prestigious restaurant with a beach and a terrace with sun loungers. The apartment owner is granted personal privileges.
This apartment is an ideal choice for connoisseurs of quiet luxury who are looking for a second residence by the sea, an investment with character or a romantic corner for a holiday away from the hustle and bustle.

Services and facilities

Garage/parking
Heating system

Additional details

Property type

Residential Properties

Object type

Flat

Price

296 260 $

Characteristics

Garage/parking
Heating system

Distance to key points, m

To sea 2

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 (296 260 $) 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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