Villa 139 м² in Kotor, Montenegro

500 571 $

3 601 $ /м²

4OdDS

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #1

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #2

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #3

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #4

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #5

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #6

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #7

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #8

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #9

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #10

Villa 139m² in Montenegro, Kotor. Priced at 420000€ rent photo- #11

Area

139 м²

Villa in Kotor. City - Kotor

Old, stone house a few steps from the sea with amazing views and a large plot. The house is completely under reconstruction/restoration. The house is a townhouse, i.e. half a house divided vertically. The house consists of 3 floors. Quiet, peaceful location; within walking distance there is one of the famous beaches of Boca with the clearest water.At the moment there is no parking space, but there is a possibility to make parking spaces next to the stairs. The total area of the plot is 1938 m2.Location: KotorHouse area: 139 sq.m.Plot area: 1938 sq.m.

Additional details

Property type

Residential Properties

Object type

Villa

Price

500 571 $

Land area

1938

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 (500 571 $) 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).