Property Abroad

Montenegro

Kotor

Risan

Flat

Flat 53 м² in Risan, Montenegro

192 127 $

3 625 $ /м²

4OgWo

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #1

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #2

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #3

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #4

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #5

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #6

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #7

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #8

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #9

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #10

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #11

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #12

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #13

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #14

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #15

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #16

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #17

Flat 53m² in Montenegro, Risan. Priced at 164269€ rent photo- #18

Area

53 м²

Bedrooms

Apartment in Kotor. City - Risan

Square: 52.99 m2
Floor: 2 (loft)
Balcony: Yes
View: Direct sea view

Price: 164 269 €
Price per m2: 3,100 €
Park for an additional fee:1700

Description of the apartment
Cozy apartments with one bedroom and a balcony, offering direct views of the Adriatic Sea. Spacious kitchen-living room, private bedroom and compact bathroom make this option an excellent solution for a couple or one person.

Territory and infrastructure
Residential complex of closed type with well-thought-out infrastructure for life and recreation:

Outdoor pool with lounge area

Spa area with sauna

Summer kitchen and barbecue area

Green Lounge Area in the Courtyard

Children's playground

Modern elevators and lounges

Surveillance and security system

Possibility to purchase parking space

Investment potential
Expected income from short-term leases is up to 15,500 euros per year, the projected yield is about 9.5% per annum. The property is suitable for both personal residence and investment.

Additional benefits:

Exemption from 3% transfer tax

Flexible payment terms

Possibility of obtaining a residence permit based on the purchase of real estate

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

192 127 $

Characteristics

Sea View

Infrastructure

Open pool

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Risan; 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 Risan 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 (192 127 $) 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 Risan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).