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For Saleland Not Yet Verified🌊 200m to sea

Bay View Plot in Prčanj, UNESCO Kotor Bay

Kotor, Montenegro±250m approximate
€220,000
147/m²· 1 views📊 PPTX
Bay View Plot in Prčanj, UNESCO Kotor Bay - photo 1
Plot Size
1500m²
🌊
Distance to sea
200m

Description

[DEMO LISTING] 1500m² plot in Prčanj village with stunning Kotor Bay panorama. UNESCO World Heritage area. Building permission for traditional stone villa.

📍 Kotor Area Guide

UNESCO World Heritage site nestled between dramatic mountains and the bay. Peaceful, historic, and increasingly popular with digital nomads.

🏥 Healthcare

General Hospital Kotor (1 km)

🎓 Education

Primary School Narodni Heroj (800 m)
Music School Kotor (500 m)

🏖️ Beaches

Dobrota Beach (2 km)
Orahovac Beach (8 km)
Luštica Bay (15 km)

✈️ Airports

Tivat Airport (8 km, 10 min)
Podgorica Airport (90 km, 1.5 h)

🚌 Transport

Regular bus connections
Cruise port with daily ships in season

Property Verification

Location
KOTOR, Kotor
Parcel

Verification Status

  • Coordinates provided
  • Parcel number not provided
  • Ownership not independently checked
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Our team checks ownership records, encumbrances, and building permits against the official cadastre.

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€220,000
🏠 Residency Eligible
147/m² · 1500
$257,532 USD · £190,615 GBP · ₺11,606,870 TRY · ₽19,403,280 RUB
10% down: €22,000·20% down: €44,000
👁️ 1 views📅 todayNEW
MontenegroHousing Demo
Listed today

🎓 Expert Opinion

Get a professional valuation from a local property expert.

Verification: Not yet verified

Total Cost Calculator

Estimate every fee that lands on top of the asking price.

20% · €44,000
Transfer tax€8,000
Notary (~1%)€2,200
Registration (€150)€150
Legal (~1.5%)€3,300
Total cash needed€57,650
Financed amount€176,000

Buyer fees in Montenegro total ~5–6% of the purchase price.

Financial Tools

Down payment (%)20%
Interest rate (%)5.5%
Term (years)25yr
EST. MONTHLY PAYMENT€1,081/month
TOTAL INTEREST€148,238
TOTAL PAID€324,238
Compare scenarios
ConservativeBest value
30% down · 20y · 5%
€1,016/month
+€89,920
Standard
20% down · 25y · 5.5%
€1,081/month
+€148,238
Aggressive
10% down · 30y · 6%
€1,187/month
+€229,360

KOTOR Market Insights

Average price€2,800/m²
This listing€147/m²
95% below area average
YoY price change
+10%
Supply
Tight
Rental market
Avg rent
€880/month
Gross yield
3.8%

Source: MONSTAT Q4 2024

Buying as a Foreigner?

Foreigners can buy residential property in Montenegro on the same terms as citizens.
No residency required to purchase.
What you need
  • · TIN (tax identification number)
  • · Valid passport
  • · Montenegrin bank account (recommended)
Closing costs on this listing
Transfer tax€8,000
Notary (~1%, min €500)€2,200
Legal fees€1,500 – €3,000
Registration€150
Total on top of price~€11,850€13,350
Residency pathway
This property qualifies for a residency permit.
  • 1-year temporary permit, renewable annually
  • No minimum stay requirement
  • Family members can be included
Read the full foreigner buying guide
📍 More in Kotor📋 Buying Guide💰 Cost CalculatorTrust Center🔔 Price Alerts

Buying Property in Montenegro — FAQ

What documents do I need to buy property in Montenegro?

Foreign buyers need a valid passport, proof of funds, and a Montenegrin tax number (PIB). The process is straightforward and typically completed within 4-8 weeks with the help of a local lawyer.

Are there any restrictions for foreign buyers?

Foreign buyers — EU and non-EU alike — can purchase residential property (apartments, houses, villas) on the same legal basis as Montenegrin citizens. Some restrictions apply: agricultural land, forests, and properties in specific border or protected zones typically require a Montenegrin-registered company. Our team guides you through the entire process.

What are the total buying costs?

Expect 5-8% in additional costs on top of the purchase price: progressive transfer tax (3-6%), notary fees (€50-200), legal fees (1-2%), and registration fees. Use our cost calculator for an exact estimate.