Villa 120 м² in Prcanj, Montenegro

ID 4OdIG

Area: 120 m²
Bedrooms: 2
Bathrooms: 1

Description

Villa in Kotor. The city is Prčanj.

Stunning old stone house (townhouse) on the first line with a small garden, private garage, terrace and a communal pier in the village of Prcanj.This lovingly renovated and restored house has an extraordinary charm. During the restoration, original stone walls and wooden ceiling beams were discovered, adding to the special atmosphere of the house.On the street level is a spacious garage with electric door. The ceilings are high, allowing the homeowner to create additional storage space. Climbing up the ancient mossy steps, you enter a lovely house with a terrace with stunning sea views.- On level 1 you enter the French Provençal kitchen with new appliances and dining area. On this level there is a small toilet and laundry room. From this level there is access to an amazing, spacious terrace with balustrades and amazing sea views. The terrace is divided into 2 seating areas with outdoor furniture.- On the 2nd level - via a wooden staircase, you enter the living room which can be converted into a bedroom. Large windows and a door to the private garden behind the house allow sunlight to penetrate.- On the 3rd level is the master bedroom with adjoining full bathroom - a charming room! Again, unobstructed sea views and an abundance of sunlight. Also on this level is access to a small plot of land at the back of the house.Location: PrcanjHouse area: 120 m2Plot area: m2Number of bedrooms

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 491 372 $
Land area: 0 m²

Services and facilities

Garage/parking
Furniture

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 Prcanj; 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 Prcanj 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 (491 372 $) 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 Prcanj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).