Skip to content

AI Summary

A unique land plot in picturesque Prčanj, located just 300 meters from the azure coastline. This is the perfect place to build the home of your dreams in one of the coziest and most atmospheric corners of Montenegro for 205,000 euros.

No. 845

Land Plot in Prčanj No. 845

Prčanj · Bay of Kotor, Prčanj, Montenegro
€205,000
View: Sea view

Details

Land area
653 m²
To sea
300 m

Description

The land plot for construction is located in the settlement of Prčanj. The total area of the plot is 653 sq.m.

There is a building permit for two houses, with areas of 340 sq.m. and 135 sq.m. Possible types of construction: villas, or houses with apartments.

There are urban planning and technical conditions for the development of technical documentation for the construction of residential buildings, issued by the Municipality of Kotor.

Amenities

Sea View

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€205,000
Property transfer tax
€7,250
€4,500 (3% × 150,000) + €2,750 (5% × 55,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€7,943
Estimated costs to purchase the propertyTotal: €212,943

Location

What's nearby

  • GroceriesDado544 m
  • PharmacyPharmacy "Dobrota"2.8 km
  • HospitalKotor Psychiatric Hospital2.3 km
  • RestaurantMademoiselle596 m
  • Bus stop593 m
  • ATM2.4 km
  • AirportTivat Airport5.6 km
  • PortKotor Cruise Pirs3.7 km
  • Sea300 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 300 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€205,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,020/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,053/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,070/mo
Monthly payment
€947
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€143,500
Total interest€83,789
Loan amount
€143,500
Total interest
€83,789
Total payment
€227,289

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€205,000
No. 845