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One-bedroom apartment 34m2 + storage 2m2 + warehouse 6m2, Old Town – Kotor

Kotor, Stari grad

299.000 €

1 / 15
  • Area

    34 m²

  • Rooms

    1

  • Floor

    1

PROPERTY DESCRIPTION

One-bedroom apartment with an area of 34m2 for sale in Kotor. It is located on the second floor of a building situated in the heart of the Old Town, with a private exit to the rampart, which is part of Kotor's historical heritage. The apartment structure consists of: a living room with a kitchen and dining area, a bedroom, a hallway, and a bathroom. The apartment also has both an internal and external storage room, as well as additional warehouse space. It is furnished and air-conditioned and is sold as such. This unique location, just a few dozen meters from the sea, offers an ideal opportunity for an excellent return on investment. The apartment is currently rented out and generates an annual gross income of 23,000 - 25,000 euros. It is one of the rare apartments in that part of the city, with a direct view of the sea.  

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 299.000 € for 34 m², this listing works out to 8.794 € 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 1. 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.