Property Abroad

Montenegro

Kotor

Prcanj

Flat

Flat 167 м² in Prcanj, Montenegro

488 652 $

2 926 $ /м²

4OdGM

Flat 167m² in Montenegro, Prcanj. Priced at 410000€ rent photo- #1

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Area

167 м²

Bedrooms

Bathrooms

Apartment in Kotor. City - Prčanj

Wonderful, bright penthouse with panoramic sea view in the village of Prcanj.The penthouse is very spacious - 167 m2 + garage on the first floor of 27 m2.It consists of 3 bedrooms, 2 bathrooms, office area, spacious living room with dining room and kitchen, dressing room, 20 meters long terrace with beautiful sea view.The house has a swimming pool.The apartment is located on the top floor of the building and occupies the whole floor.The house is located 160 meters from the sea.Outstanding rental potential.Price without furniture - 410,000Price with furniture - 425,000

Services and facilities

Garage/parking

Pool

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

488 652 $

Land area

Characteristics

Garage/parking

Pool

Furniture

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 (488 652 $) 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).