Villa 450 м² in Kotor, Montenegro

ID 4OdIC

Area: 450 m²
Bedrooms: 4
Bathrooms: 2

Description

Villa in Kotor. City - Kotor

Beautiful, nice house with a large yard, outbuilding and swimming pool in the most beautiful part of the town of Kotor in the area of Shkalari with a beautiful view of the bay. The house consists of three floors and a total area of 450 m2 with terraces and a yard of 1531 m2.Layout- On the 1st floor there is a living room, sauna, gym, bathroom and a large terrace in front of the entrance as well as a garage for 1 car.- On the 2nd floor there is a large living room, kitchen, dining room, bathroom and a large terrace. - On the 3rd floor there are 4 bedrooms and a large terrace with incredible views over the whole bay.In the yard there is a large swimming pool, parking for several cars, a place for relaxation and barbecue, and a 24 m2 maid's house. The yard is landscaped with lots of greenery and fenced on all sides. One of the distinguishing features is the privacy of the plot, isolated from the neighboring landscape.All documents are in order.Location: KotorHouse area: 450 m2Plot area: 1531 m2Number of bedrooms: 4 (+1)Number of bathrooms: 2

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 1 343 159 $
Land area: 1531 m²

Services and facilities

Pool
Garage/parking

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 Kotor; 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 Kotor 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 (1 343 159 $) 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 Kotor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).