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Kotor
Risan
Flat

Flat 59 м² in Risan, Montenegro

203 065 $

3 441 $ /м²

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Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-1 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-2 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-3 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-4 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-5 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-6 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-7 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-8 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-9 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-10 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-11 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-12 Flat 59m² in Montenegro, Risan. Priced at 177660€ rent photo-13

Area

59 м2

Bedrooms

1

Apartment in Kotor. City - Risan

Square: 59.22 m2
Floor: 1
Balcony: Yes
View: Direct sea view
Price: 177,660 €
Price per m2: 3,000 €Park:Park<3000 €ParkParkPark>>>>>>>

Description of the apartment
Spacious apartment with one bedroom and a large balcony with direct views of the Adriatic Sea. The functional layout includes a bright kitchen-living room, bedroom and bathroom. The space is filled with light and air, creating a feeling of comfort and freedom.


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

1

Floor

1

Object type

Flat

Price

203 065 $

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 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 (203 065 $) 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).

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