Can foreigners get a mortgage loan to buy an apartment in Kotor?

It might be tricky for a foreigner to obtain a mortgage loan for property in Montenegro . Erste Bank is the only bank lending to foreign property buyers, yet the primary qualification for an eligible foreign applicant is to have a residence permit in the country.

How much do utilities cost in Kotor?

Apartment maintenance costs are not so high in Kotor as compared to the rest of Europe. Read more about major housing and home ownership costs in Montenegro.

Can buying an apartment in Kotor also get foreigners a residence permit in Montenegro?

A property purchase in Montenegro will get residence in the country (except for property for further development that would not qualify a buyer for a residence permit). There is no minimum investment threshold for a residence permit. The purchased property should be free and clear of any encumbrances. Read more in our article .

How to get citizenship in Montenegro by buying an apartment in Kotor?

To get citizenship in Montenegro , you would have both to purchase a property out of the government-approved pool investing at least € 250,000 and donate at least € 100,000 to the government fund.

What is the process of buying an apartment in Montenegro?

It will take 2–4 months in average to register property ownership in Montenegro. To close a transaction, a foreign buyer needs to present a foreign passport of the home country, an individual seller is to produce a legal proof of property ownership and the excerpt from record in the local property registry, and a corporate seller should additionally provide the buyer with its corporate documents. See details here .

What are the apartment prices in Kotor?

The apartment prices in Kotor vary in a range of €2100-2600 for a square metre depending on the region and distance from the sea.

What taxes are charged on apartment purchase, ownership, and sale in Kotor?

A transfer tax at 3% is charged on real estate transfers in Montenegro, and 21% VAT is levied if property has not been sold before. The real estate tax is levied for the use of the property at the rates ranging from 0.25 to 1% of the property value. Read more about the taxes charged on apartment purchase, ownership, rent, and sale in Kotor on the website .

Key takeaways about Kotor to know before property purchase: what makes the region special?

Kotor is a finely-preserved historic town, and the old city of Kotor is a UNESCO World Heritage site. It is the administrative, cultural, religious, education, and economic centre of the Bay of Kotor, and a good destination for city tours and excursions. Kotor is a walled town with the longest wall walk in Europe, and is remarkably scenic with abundant historic sights and monuments of architecture against the background of the mountains plunging almost vertically into the sea. There are no arranged beaches with kempt facilities in Kotor, and the coastal water here is not so clean as in the other resort towns.

189 Apartments for Sale in Kotor, Buy Flat from 95,000€

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

2-bedrooms apartment 192 m² in Risan, Montenegro for 480,000 €

Furnished

2-bedrooms apartment 192 m² in Risan, Montenegro

480,000 €

Total area 192 m²2 bedrooms2 bathrooms

3-bedrooms apartment 95 m² in Kotor (city), Montenegro for 395,000 €

Furnished

3-bedrooms apartment 95 m² in Kotor (city), Montenegro

395,000 €

Total area 95 m²3 bedrooms1 bathroom

Tranio’s instruction

Turkish citizenship for the whole family for real estate purchase

From $400,000 · Rental income

Simple registration procedure;
Return on investment;
Temporary residence permit for quick relocation.

2-bedrooms apartment 70 m² in Kotor (city), Montenegro for 405,000 €

2-bedrooms apartment 70 m² in Kotor (city), Montenegro

405,000 €

Total area 70 m²2 bedrooms1 bathroom

2-bedrooms apartment 97 m² in Kotor (city), Montenegro for 272,000 €

Furnished

2-bedrooms apartment 97 m² in Kotor (city), Montenegro

272,000 €

Total area 97 m²2 bedrooms2 bathrooms

3-bedrooms apartment 125 m² in Risan, Montenegro for 1,950,000 €

Furnished

3-bedrooms apartment 125 m² in Risan, Montenegro

1,950,000 €

Total area 125 m²3 bedrooms2 bathrooms

2-bedrooms apartment 131 m² in Risan, Montenegro for 1,082,000 €

Sea view

2-bedrooms apartment 131 m² in Risan, Montenegro

1,082,000 €

Total area 131 m²2 bedrooms2 bathrooms

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

2-bedrooms apartment 131 m² in Risan, Montenegro for 1,325,000 €

Furnished

2-bedrooms apartment 131 m² in Risan, Montenegro

1,325,000 €

Total area 131 m²2 bedrooms3 bathrooms

3-bedrooms apartment 288 m² in Risan, Montenegro for 2,521,000 €

Furnished

3-bedrooms apartment 288 m² in Risan, Montenegro

2,521,000 €

Total area 288 m²3 bedrooms2 bathrooms

1-bedrooms apartment 58 m² in Kotor (city), Montenegro for 430,000 €

Furnished

1-bedrooms apartment 58 m² in Kotor (city), Montenegro

430,000 €

Total area 58 m²1 bedroom1 bathroom

2-bedrooms apartment 92 m² in Risan, Montenegro for 234,000 €

Furnished

2-bedrooms apartment 92 m² in Risan, Montenegro

234,000 €

Total area 92 m²2 bedrooms2 bathrooms

2-bedrooms apartment 82 m² in Dobrota, Montenegro for 299,000 €

Furnished

2-bedrooms apartment 82 m² in Dobrota, Montenegro

299,000 €

Total area 82 m²2 bedrooms2 bathrooms

2-bedrooms apartment 51 m² in Kotor (city), Montenegro for 206,000 €

Furnished

2-bedrooms apartment 51 m² in Kotor (city), Montenegro

206,000 €

Total area 51 m²2 bedrooms1 bathroom

3-bedrooms apartment 153 m² in Kotor (city), Montenegro for 750,000 €

3-bedrooms apartment 153 m² in Kotor (city), Montenegro

750,000 €

Total area 153 m²3 bedrooms2 bathrooms

2-bedrooms apartment 100 m² in Kotor (city), Montenegro for 270,000 €

Furnished

2-bedrooms apartment 100 m² in Kotor (city), Montenegro

270,000 €

Total area 100 m²2 bedrooms2 bathrooms

2-bedrooms apartment 127 m² in Risan, Montenegro for 304,000 €

Furnished

2-bedrooms apartment 127 m² in Risan, Montenegro

304,000 €

Total area 127 m²2 bedrooms3 bathrooms

2-bedrooms apartment 131 m² in Kotor (city), Montenegro for 365,000 €

Sea view

2-bedrooms apartment 131 m² in Kotor (city), Montenegro

365,000 €

Total area 131 m²2 bedrooms1 bathroom

2-bedrooms apartment 70 m² in Prčanj, Montenegro for 155,000 €

Furnished

2-bedrooms apartment 70 m² in Prčanj, Montenegro

155,000 €

Total area 70 m²2 bedrooms2 bathrooms

Furnished

2-bedrooms apartment 92 m² in Risan, Montenegro

234,000 €

Total area 92 m²2 bedrooms2 bathrooms

2-bedrooms apartment 52 m² in Kotor (city), Montenegro for 266,000 €

2-bedrooms apartment 52 m² in Kotor (city), Montenegro

266,000 €

Total area 52 m²2 bedrooms1 bathroom

1-bedrooms apartment 53 m² in Risan, Montenegro for 462,000 €

The first line

1-bedrooms apartment 53 m² in Risan, Montenegro

462,000 €

Total area 53 m²1 bedroom1 bathroom

1-bedrooms apartment 75 m² in Kotor (city), Montenegro for 217,000 €

Sea view

1-bedrooms apartment 75 m² in Kotor (city), Montenegro

217,000 €

Total area 75 m²1 bedroom1 bathroom

2-bedrooms apartment 178 m² in Orahovac, Montenegro for 330,000 €

Furnished

2-bedrooms apartment 178 m² in Orahovac, Montenegro

330,000 €

Total area 178 m²2 bedrooms2 bathrooms

Apartment 22 m² in Kotor (city), Montenegro for 120,000 €

Furnished

Apartment 22 m² in Kotor (city), Montenegro

120,000 €

Total area 22 m²1 bathroom

1-bedrooms apartment 65 m² in Kotor (city), Montenegro for 227,000 €

Furnished

1-bedrooms apartment 65 m² in Kotor (city), Montenegro

227,000 €

Total area 65 m²1 bedroom1 bathroom

Apartment 31 m² in Kotor (city), Montenegro for 175,000 €

Furnished

Apartment 31 m² in Kotor (city), Montenegro

175,000 €

Total area 31 m²1 bathroom

last page

1-25 of 189 listings, page 1 of 8

Tranio’s client cases

All cases

08 February 2016
Holidays on the Adriatic: this client bought a sea-view flat in Montenegro
Beautiful Montenegro is one of the less-travelled Eastern European countries. Its magnificent coast, nestled in the mountains, is a perfect getaway from the bustle of big tourist resorts.
02 June 2015
From France to Montenegro: comparative apartmentology of a flat owner’s life
Daria (30), a financial expert from Moscow, Russia, and her husband knew Europe well by the time they bought their first flat there: an apartment in the South of France along the Mediterranean.
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.
28 February 2025
The Final Lap: Returns Secured by Investors in The Community, Motor City
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s...
13 May 2024
Tranio client's experience: apartment on the French Riviera and obtaining a residence permit for financially...
France is a country known for its quality of life, economic strength, progressive social welfare, developed infrastructure, high environmental standards and care for historical heritage. A residence permit in France allows...
25 April 2024
Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
Today Spain is one of the most popular EU countries for obtaining a residency by investments. To participate in the Spain Golden Visa programme, an investor must invest more than 500 thousand euros in the state economy or...
06 February 2024
Tranio’s client experience: mountain chalet in the Alps for vacation and good rental income
Resort property in the French Alps is a prospective investment, both from the point of view of getting income in high season, and getting a "second home" for vacations in a sunny, comfortable Alpine climate. Alpine...
24 January 2024
Tranio’s client experience: buying a second home on the Costa Blanca
Spanish real estate has consistently been in high demand in the past few decades.
27 October 2023
From renting to permanent residence: a Tranio client's story of buying an apartment in Cyprus
Andrey, an entrepreneur from Moscow, enlisted the Tranio team's help to find an apartment for long-term rental in Cyprus. However, his aspirations evolved into purchasing an apartment for permanent residence for his entire...
13 September 2023
Tranio case: buying an investment property in Phuket
Over the past few decades, Thailand has become a reference of a paradise for living and leisure. White sandy beaches, the azure waters of the Indian Ocean, tropical flora and incredible natural landscapes together with the...

Apartments for sale in Kotor