Area
40 м2
Bedrooms
1
Apartment in Kotor. City - Kotor
Price per m2:
~4000
<40 m2
40 m2/div>26 residential apartments (apartments with 1 bedroom from 40 m2 to 4-room apartments with an area of 100 m2)
Sea View
1
2
2
This unique object shakes with its grandeur and elegance, concisely fitting into the paradise of Kotor.
The complex is a quiet paradise with the necessary infrastructure for a safe and pleasant stay, which is located on the coastal line of the Adriatic Sea.
Timely turnkey delivery of the facility, taking into account the use of high-quality materials, modern technologies and the wishes of our Customers. The apartments are handed over to Buyers with finishing, plumbing and air conditioning.
Cost from 4000 euros per m2
Additional details
Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
189 471 $
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 (189 471 $) 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).
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Liliya
International Real Estate Consultant