Land 1 м² in Kotor, Montenegro

3 025 597 $

3 025 597 $ /м²

4OdY7

Land 1m² in Montenegro, Kotor. Priced at 2579400€ rent photo- #1

Land 1m² in Montenegro, Kotor. Priced at 2579400€ rent photo- #2

Land 1m² in Montenegro, Kotor. Priced at 2579400€ rent photo- #3

Area

1 м²

Bathrooms

Land for sale in Kotor municipality

This land for sale is located in the settlement Kavac, in Kotor municipality, on the hill between the towns of Kotor and Tivat. Occupying a location that is only 5km away from the Old Town of Kotor, which is under the protection of UNESCO as a world cultural and natural heritage, you will find this plot in a quiet part, all in greenery.

The size of the land is 21,4952, with a total gross build area of 21,495m2.

Possibility to build buildings of 4 levels: ground floor + 2 levels + roof level (P+2+Pk).

Although this plot is located separate from large urban areas, arrival and departure is no problem because airport Tivat is 5km away, and Porto Montenegro marina for superyachts is only 8km from here. This land is also near the main Adriatic motorway that connects Tivat, Kotor, and Budva.

This location of the plot allows future users to enjoy peace and quiet, and if they want to enjoy the charms of coastal cities, this will be an excellent base for it and for discovering the wild beauty of Montenegro.

This land is a great investment opportunity.

Give us a call or write an email, for all further details and information you need.

Property features
* Peaceful area
* Sea View
* Tourism
* Urbanized

Additional details

Property type

Residential Properties

Object type

Land

Price

3 025 597 $

Land area

21495

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 (3 025 597 $) 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).