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Villa 172 м² in Risan, Montenegro

351 957 $

2 046 $ /м²

4OdIo
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Area

172 м2

Bedrooms

4

Bathrooms

4

Villa in Kotor. The city is Risan.

We present to your attention an old stone townhouse with its own yard and terraces in the cozy, developed town of Risan. To the sea and the city center - just a few minutes on foot. In walking distance to stores, cafes, restaurants, pharmacy, beach.The house consists of 2 floors and includes 4 separate apartments. The house is very interesting in the investment plan, as it is ideal for renting to tourists.The house needs cosmetic repairs.The documents are free of restrictions/encumbrances and ready for sale.Location: RisanHouse area: 172 m2Plot area: 114 m2No. of bedrooms: 4No. of bathrooms: 4

Additional details

Property type

Residential Properties

Object type

Villa

Price

351 957 $

Land area

114

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 (351 957 $) 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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