Land 1 м² in Kotor, Montenegro

1 147 738 $

1 147 738 $ /м²

4OdY8

Land 1m² in Montenegro, Kotor. Priced at 963000€ rent photo- #1

Land 1m² in Montenegro, Kotor. Priced at 963000€ rent photo- #2

Land 1m² in Montenegro, Kotor. Priced at 963000€ rent photo- #3

Area

1 м²

Bathrooms

Land for sale in Kavac, in Kotor municipality

This land for sale is located in the settlement Kavac, in Kotor municipality, on the hill between Kotor and Tivat, with a sea view on the bay of Tivat.

In the last few years, this location has become interesting for a larger number of investors and land buyers, because it is close to all important sights, but yet far enough away from the city noise and everyday crowds.

You will find this plot in a quiet area, all in greenery, only 5km from Old Town Kotor, which is protected by UNESCO as a world cultural and natural heritage.

The size of the land is 4.815m2, with a total gross build area of the same value, with a possible two floors building (P+2 or P+1+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 is the right time to buy a plot like this because the price in this part of the coast will only grow.

You have recognized this plot as a good investment, call us or write us an e-mail, we will do everything to make this plot your own.

Property features
* Excellent
* Mountain view
* Peaceful area
* Sea View
* Urbanized

Additional details

Property type

Residential Properties

Object type

Land

Price

1 147 738 $

Land area

4815

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 (1 147 738 $) 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).