AI Summary

A spacious four-room apartment with an area of 160 sq. m in the heart of picturesque Kotor is waiting for its new owners just 300 meters from the azure sea. This is the perfect combination of comfort and Mediterranean atmosphere, which will be an excellent investment in your holiday home or permanent residence in one of the most beautiful cities in Montenegro. The property price is 450,000 euros.

Apartment in the center of Kotor No. 1980

Kotor · Bay of Kotor, Kotor, Kotor Municipality, Montenegro
450 000 €
View: City view

Details

Area
160 м²
Bedrooms
4
Bathrooms
3
Floor
3/3
Parking
Yes
To sea
300 m
Price per m²
2 812 €

Description

The spacious apartment is located in an authentic stone house, in the immediate vicinity of the oldest city of Kotor, which is fully protected by UNESCO as a historical site.

The house in which the apartment is located has been restored and has preserved its historical appearance.

The apartment, with an area of 160 m2, has 4 bedrooms, 3 bathrooms, a living room, a kitchen with a dining area, 2 walk-in closets, a laundry room, and 2 balconies. The price also includes a separate parking space, which is a pleasant bonus for such a small city as Kotor.

The interior of the apartment is designed according to a design project, and it is sold fully furnished with all the furniture, which was also selected with special attention for personal comfort. The apartment’s balconies offer views of the old town and the San Giovanni fortress.

The Tabacina district, where the apartment is located, is considered by many local residents to be an ideal choice for comfortable permanent living, as it is a one-minute walk from the city center and the Kamelija shopping center, and a five-minute walk from the sea. In summer, Kotor’s old town attracts a huge number of tourists, so for the residents of this apartment it will be a beautiful view and will not create the feeling of seasonal bustle experienced by those living in the old town itself.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
450 000 €
Real estate transfer tax
19 500 €
4 500 € (3% × 150 000) + 15 000 € (5% × 300 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs20 427 €
Estimated costs to purchase the propertyTotal: 470 427 €

Location

What's nearby

  • SchoolOsnovna škola "Njegoš"127 m
  • Kindergarten88 m
  • GroceriesPekara As31 m
  • PharmacyVegapharm211 m
  • HospitalOpšta bolnica Kotor1.1 km
  • RestaurantBastion 344 m
  • Bus stop270 m
  • ATMAddiko Bank201 m
  • AirportTivat Airport4.8 km
  • PortKotor Cruise Pirs514 m
  • Sea300 m

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 300 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.

Calculate mortgage

Beta · still being polished
Property price
€450,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,239/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,312/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,349/мес
Monthly payment
€2,079
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€315,000
Total interest€183,927
Loan amount
€315,000
Total interest
€183,927
Total payment
€498,927

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

450 000 €
2 812 €/m²1980