Complex in Kotor No. 476, 33.0 m²

Description

Residential complex in Montenegro on the shore of the Bay of Kotor of the Adriatic Sea.

The complex consists of 5 buildings with a seismic-resistant monolithic frame structure filled with brick masonry. The external load-bearing walls, 300 mm thick, are clad with 7,500 m2 of travertine on the facade. Beneath the travertine, a 4-level hydro and thermal insulation system is installed, created using "warm ceramic" technology, which also provides noise protection.

The residential complex has 19 apartments ranging from 35 to 232 square meters. From 22 different layout types, you can choose a suitable option, whether spacious apartments for the whole family or a cozy apartment pleasant for solitude. The average bedroom area is 22 m2. Apartments in The House are sold with finishing, using parquet from valuable wood species, Porcelanosa porcelain stoneware, and Villeroy & Boch and Noken plumbing fixtures. Windows are double-chamber wooden double-glazed units with a night ventilation valve, because these are the best windows. What unites the apartments is that all rooms are spacious, with unique design, functional for comfortable living, allowing a person to feel calm and pleasant. Fiber optic internet is installed in all apartments, as well as satellite television with a wide selection of channels. The total cost of apartments ranges from 139,400 euros for studios to 1,000,000 euros for two-level penthouses.

The property is located less than 2 km from the entrance to the Old Town of Kotor, mentioned in the chronicles of the Roman Empire. Now the Old Town is included in the UNESCO World Heritage List. At the walls of the Old Town is the most famous market in Kotor, which for 600 years has offered a selection of farm products, where you can buy homemade goat cheese and wine. And in the Old Town itself, you will find about 28 different restaurants in case you want to dine in one of them. The proximity to the marina allows you to dock a yacht and observe it from the windows, which also offer a breathtaking view of the Bay of Kotor, the old town, the ancient fortress located on the mountain above the old town, and the impregnable giant mountains filled with dense forests and vegetation. A few meters from the complex is a tourist trail, 5 km long, leading to a relict forest for walks in the fresh air.

The distance to Tivat International Airport is only 8 km.

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.

Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.

This property is about 250 m from the sea.

Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.

Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.