Kotor - Old Town - sale of a three-bedroom apartment
Kotor, Stari grad
367.500 €
Area
72 m²
Rooms
3
Bathrooms
1
Floor
2
PROPERTY DESCRIPTION
Sale of property in Old Town Kotor – three-bedroom apartment in one of the best locations – on the square next to the Cathedral of Saint Tryphon.
The apartment is located on the second floor of a traditional stone building. Interior living area – 72 m2 (according to the Property List 62 m2). Main communications have been replaced: new electrical installations and pipes have been installed, new tiles.
The property consists of: 3 bedrooms, living room, kitchen, bathroom. The apartment can be converted into two smaller apartments, which increases the investment attractiveness of this property.
Currently, there are tenants, with a notice period of 90 days. The buyer can extend the contract.
The old town, surrounded by ancient fortress walls and preserving many historical and architectural monuments, is the most touristic town in the Bay of Kotor and is listed as a UNESCO World Heritage site. This is a historical area with narrow streets and stairs, spacious squares and fountains, cathedrals and museums. Properties in the Old Town have great rental potential.
Amenities
- Furnished
Location
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Questions about this property
What is the price per square metre?
At 367.500 € for 72 m², this listing works out to 5.104 € per square metre. Compare it with the city average in the market card on this page.
Which floor is it on, and is there a lift?
The property is on floor 2. No information about a lift was provided.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.