Villa 230 м² in Prcanj, Montenegro

940 358 $

4 088 $ /м²

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Villa 230m² in Montenegro, Prcanj. Priced at 789000€ rent photo- #1

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Villa 230m² in Montenegro, Prcanj. Priced at 789000€ rent photo- #4

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Villa 230m² in Montenegro, Prcanj. Priced at 789000€ rent photo- #21

Area

230 м²

Bedrooms

Bathrooms

Villa in Kotor. The city is Prčanj.

Unique, historical four-storey house on 1 sea line in Boko-Kotor Bay.The house consists of 4 floors, each floor is about 67 m2. The house is in need of renovation.The house has its own yard with a stone wall and an old gate, and behind the house there is a green garden.The living area of the 1st floor is 64 sqm, the 2nd floor is 66 sqm, the 3rd floor is 67 sqm and the 4th floor is 33 sqm. The total living area is about 230 square meters.The mansion is about 700 years old and the front gate is protected by law.Location: PrcanjHouse area: 230 m2Plot area: 386 m2No. of bedrooms: 5Number of bathrooms: 3

Additional details

Property type

Residential Properties

Object type

Villa

Price

940 358 $

Land area

386

FAQ

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.

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 Prcanj 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 (940 358 $) 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 Prcanj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).