Bay of Kotor Property: Buying an Apartment in Kotor, Montenegro

The Old Town is a UNESCO World Heritage site, so renovation is tightly regulated and stock is scarce. North along the shore, Dobrota, Muo and Prčanj are waterfront villages with stone houses and sea-view apartments; to the south of the centre are Škaljari and Mrčevac, with more modern blocks and generally lower prices.

Kotor is crowded with cruise-ship visitors in summer, and the bay can flood in storms at high tide, so ask about ground-floor risk. Tivat has an airport about 10 km away and a marina district, making it a convenient neighbouring market.

Foreigners can buy apartments and houses in Montenegro, though agricultural land and some other categories carry limits. The buyer pays a property transfer tax of 3% to 6% (progressive by price), plus notary, legal and agency fees. Montenegro uses the euro although it is not an EU member.

Request a recent extract from the cadastre, confirm the seller holds clean title and check for building-permit issues. Off-plan flats are common, so verify the developer's record and the registration of the unit. See our Montenegro guide, financing page and consultation guide.