Flat 114 м² in Kotor, Montenegro

598 710 $

5 251 $ /м²

4OdDZ

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #1

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #2

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #3

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #4

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #5

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #6

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #7

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #8

Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #9

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Flat 114m² in Montenegro, Kotor. Priced at 525000€ rent photo- #14

Area

114 м²

Bedrooms

Bathrooms

Apartment in Kotor. City - Kotor

Bright, spacious apartment in the ancient palazzo “Bizanti” overlooking the square.The apartment consists of an entrance hall, kitchen with dining area, spacious living room, three bedrooms and two bathrooms. The apartment offers a truly mesmerizing view of the town square, the stone houses and the beautiful, tiled roofs.The apartment also has an attic space of 100 m2, which can be converted into additional rooms through reconstruction.Location: Kotor, Old TownApartment area: 114 sq.m.No. of bedrooms: 3No. of bathrooms: 2

Additional details

Property type

Residential Properties

Object type

Flat

Price

598 710 $

Land area

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 (598 710 $) 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).