Flat 403 м² in Kotor, Montenegro

722 987 $

1 794 $ /м²

4OduW

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #1

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #2

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #3

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #4

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #5

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #6

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #7

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #8

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #9

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #10

Flat 403m² in Montenegro, Kotor. Priced at 630000€ rent photo- #11

Area

403 м²

Bedrooms

Apartment in Kotor. City - Kotor

Penthouse with an area of 403 m2. The first floor of the penthouse is an apartment with 4 bedrooms and 2 bathrooms, one toilet, a living room, a dining area with a kitchen, and a terrace of 203 m2, with the area of the first floor being 200 m2. The second floor is 203 m2 with a summer kitchen, jacuzzi, and a garage for 2 vehicles with an area of 27 m2.

Additional details

Property type

Residential Properties

Object type

Flat

Price

722 987 $

Characteristics

Sea View

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 (722 987 $) 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).