Among the untouched Balkan nature, nestled between two mountain ranges in the valley of the Plasnica River (a tributary of Tara - the tears of Europe), lies our mountain chalet. You won't find houses of such quality for sale. The chalet rents out excellently through well-known platforms (Woodlodge). The house has an area of about 200 m², and the land plot is 2456 m². Over the past 2.5 years, a comprehensive renovation of the property has been carried out: - drainage has been installed (2.5 meters wide and 2.5 meters deep, soil was removed around the house and replaced with gravel, perforated pipes were laid, and channels were arranged) - septic tank (9 m³), - insulation of the facades, the facades themselves are made of burnt brushed boards, each plank treated (fire, brushing, oil) by hand. - new panoramic windows (the largest profile Gealan) - all electrical systems (all automation Schneider, all wiring) - a heating system has been designed and installed using pellets (autonomous automatic boiler Peltec 24 kW), cast iron radiators, and underfloor heating. - fireplace 9.5 kW. - in the basement, there is a wood stove 7.5 kW. and much, much more. Basement: staff studio, bathroom, technical rooms, a sauna can be accommodated. Comfortable accommodation for up to 4 staff members. First floor: two bedrooms, kitchen-living room, bathroom, two balconies. The attic is insulated, all utilities are connected - electricity, cold/hot water, sewage, and heating circuit. Ideal for a master bedroom with its own bathroom. A large veranda (6x3) for cozy gatherings. A fire pit and grill area with a summer kitchen are equipped. There is a garage for special equipment and a generator on the property. Exclusive access to the mountain Plasnica River, with the possibility of creating a pond/fishery/bath complex. Own source of crystal-clear mountain water. Three-phase electricity 16 kW. An ideal place for nature lovers and various activities, whether it's enduro, ski touring, snowmobiling, or hiking, all within direct access, while the Kolasin ski resorts are just 30 minutes away and about an hour to Podgorica International Airport. 398,000 euros
Characteristics
Property type
Residential Properties
Number of rooms
3
Object type
House
Price
442 854 $
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kolasin; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Kolasin short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (442 854 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Kolasin: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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