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5 bedroom House in Kotor

450,000 €
  • Total area
    196 m²
  • Land area
    1,000 m²
  • Bedrooms
    5
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Features
  • Sea at 200 m
  • Balcony or terrace

Beautiful new built house in picturesque village of Muo-Kotor municipality. This is spacious house with most beautiful land around. Ideal location within the very short drive to the sea and center of the old town of Kotor or nice walk instead. House is just enough secluded to be away from street noise and to be able to provide perfect privacy. This large plot of land around the house is full of different greenery and fruit trees. Sea views from the house are spectacular and can not be obstructed. The electric wires will be replaced with underground cables any day now. Property consists of two floors, upper one is complete in work and furnished. Consists of three bedrooms, bathroom, open plan kitchen/dining/living area and two balconies. Ground floor is still to be completed in cosmetic work. 22 m² garage is below the ground floor terrace. All amenities are close by. This is an ideal property for residential or holiday living. There is option to have 1200 m² of the land more, adjoining to this house and land, in which case the asking price is 610,000E

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

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      • Who guarantees the transaction security?

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