Property Abroad

Montenegro

Kotor

Prcanj

Flat

Flat 51 м² in Prcanj, Montenegro

204 554 $

4 010 $ /м²

4OgNm

Flat 51m² in Montenegro, Prcanj. Priced at 175000€ rent photo- #1

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Area

51 м²

Bedrooms

Apartment in Kotor. Town - Prchan

Key parameters

Type of real estate: apartment

Number of bedrooms:1

Square total: 50.8 m2

Living area: 41.6 m2

Terrace: 9.2 m2

Floor: 1

Labs: 1

Parking:Underground parking (separately purchased for 28,000 €)

To the sea: 2 minutes walk

Additional parameters

Planning: Open-type kitchen-living room, bedroom, bathroom, terrace

French windows with panoramic sea views

High ceilings

Modern engineering systems

Suitable for both personal accommodation and rent

Materials

Floor: Natural parquet

The bathroom:ceramic tiles

Finishing: Eco-friendly materials of European quality

Communication

Electricity and water: Central urban networks

Reference to terrain

The apartment is located in the village of Prchan, one of the most picturesque corners of the Bay of Kotor.
To the beach - 2 minutes walk.
To the Old Town of Kotor - 10 minutes by car.
Nearby - shops, restaurants, yacht club Porto Montenegro and tourist attractions.
Tivat Airport - 20 minutes by car.

Purchasing customers

Comfortable apartment with one bedroom and a terrace 90 meters from the sea is a great choice for those who are looking for coziness, style and a prestigious location in the Bay of Kotor. An excellent option for living, rest and renting with a high payback potential.

Apartment price: 175,000 €
Price of parking space: 28 000 €
Purpose of construction:Q4 2025

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

204 554 $

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 (204 554 $) 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).