Property Abroad

Montenegro

Kotor

Prcanj

Flat

Flat 51 м² in Prcanj, Montenegro

289 883 $

5 683 $ /м²

4OgVi

Flat 51m² in Montenegro, Prcanj. Priced at 248000€ rent photo- #1

Flat 51m² in Montenegro, Prcanj. Priced at 248000€ rent photo- #2

Flat 51m² in Montenegro, Prcanj. Priced at 248000€ rent photo- #3

Flat 51m² in Montenegro, Prcanj. Priced at 248000€ rent photo- #4

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Flat 51m² in Montenegro, Prcanj. Priced at 248000€ rent photo- #6

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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: 51.15 m2

Living area: 45.15 m2

Terrace: 6 m2

Floor: 2 (actually 3)

Labs: 1

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

To the sea: 2 minutes walk

Additional parameters

Planning: Open-type kitchen-living room, 1 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

Apartment with a spacious terrace-garden 90 meters from the sea is an ideal choice for those who are looking for comfortable housing or investment with high rental potential in the prestigious location of the Bay of Kotor.

Price of apartment: 248,000 €
Price of parking space: 28 000 €
Purpose of construction: End of 2025

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

289 883 $

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 (289 883 $) 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).