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Villa 235 м² in Prcanj, Montenegro

1 007 286 $

4 286 $ /м²

4OdDa
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Area

235 м2

Bedrooms

5

Bathrooms

3

Villa in Kotor. The city is Prčanj.

An ancient, stone palazzio on the 1st line of the sea in the most beautiful village of the Bay of Kotor - Prcanj.Palazzio occupies one third of the house and is located in the center of the building; vertical on 4 floors. Only this part of the house has a stone staircase from the front of the house.The palazzio consists of 4 floors, a patio and the area behind the house.The 1st floor consists of one large room, now used as a workshop and storage room, and a bathroom.Floor 2 - living room and separate kitchen with dining area, bathroom.3rd floor - 3 bedrooms and a bathroom.4th floor - 2 bedrooms and a non-residential room under the roof.The house is connected to all city communications: water, electricity, sewerage.Palazzio is perfect for renting out, as a boutique hotel, or for a large family. Great investment!Location: PrcanjVilla area: 235 sq.m.Plot area: 642 sq.m.No. of bedrooms: 5Number of bathrooms: 3

Additional details

Property type

Residential Properties

Object type

Villa

Price

1 007 286 $

Land area

642

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 (1 007 286 $) 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).

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