Main Countries Buy Rent

Villa 280 м² in Kotor, Montenegro

561 901 $

2 006 $ /м²

4OdDK
Share:

Area

280 м2

Bedrooms

6

Bathrooms

3

Villa in Kotor. City - Kotor

Large, three-storey house of 280 m2 with beautiful panoramic views of the entire Bay of Kotor. The house is perfect both for personal residence and for renting out to tourists due to the views. The Old Town can be reached by car in 5 minutes; supermarket is a couple of minutes away.The house is fully elaborate and the documents for legalization have been submitted.Location: KotorThe area of the house: 280 sq.m.Plot area: 2268 sq.m.No. of bedrooms: 6Number of bathrooms: 3Price: 480,000

Additional details

Property type

Residential Properties

Object type

Villa

Price

561 901 $

Land area

2268

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 (561 901 $) 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).

Related sections