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Global Properties

4 bedrooms House in Kotor, Montenegro No. 2004

$ 1 801 054
12.11.2025 $ 1 801 054
$ 6 455 per m²
4 Bedrooms
3 Bathrooms
279 Living space, m²
Kotor, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Bedrooms
4
Bathrooms
3
Living space, m²
279
ID
2004
Type
House
Land area, m²
448
Property description
LOCATION

This villa is located in Kotor, 5km away from the city center. The sea and the beach are 200m away from the villa. Tivat airport is 14km away and Podgorica airport is 79km away from the villa. Various restaurants, grocery shops and a school are in close vicinity to the villa.



ABOUT THE PROJECT

The villa has 4 levels. It has a pool and 2 garage spots. It is connected by an asphalt road to the main road. The owners can choose to self-maintain the property or hire our preferred maintenance company.
Construction will be finished in fall 2026.…



DESCRIPTION OF VILLA

Structure of the villa:

Basement:

•2 garage spots

•3 technical rooms

•hallway

•communications

Ground floor:

•hallway

•living room with kitchen and dining table

•toilet

•communications

First floor:

•hallway

•communications

•2 bedrooms

•bathroom

Second floor:

•hallway

•2 bathrooms

•3 bedrooms

The villa itself has 279m2, while its plot has 448m2. The sea and the beach are 200m away from the villa.

WHY CHOOSE THIS VILLA

This villa is perfect for a summer home and short term renting. Its proximity to the beach, restaurants, grocery shops and school makes it a perfect short term rental and an opportunity for the buyer to have a return on investment.



PAYMENT PLAN

Payment Schedule (Installments over 4 Years) Price €1,528,000


Description Amount (€) Timeframe/ Milestone Percentage (%)


Reservation €5,500.00 Upon reservation 0.36%
SPA €305,499.99 Within 1 month of reservation 19.99%
Installment 1 €101,803.62 Upon completing the foundation 6.66%
Installment 2 €101,803.62 Upon completing the first floor 6.66%
Installment 3 €101,803.62 Upon completing the second floor concrete shell 6.66%
Installment 4 €101,803.62 Upon completing the brickwork 6.66%
Installment 5 €101,803.62 Upon completing electrical rough-in 6.66%
Installment 6 €101,803.62 Upon completing plastering 6.66%
Installment 7 €101,803.62 Upon installing windows (first set) 6.66%
Installment 8 €101,803.62 Upon installing windows (second set) 6.66%
Installment 9 €305,499.99 Upon completion and handover of the key 19.99%
Installment 10 €12,812.84 Within 3 months of completion 0.84%
Installment 11 €12,812.84 Within 6 months of completion 0.84%
Installment 12 €12,812.84 Within 9 months of completion 0.84%
Installment 13 €12,812.84 Within 12 months of completion 0.84%
Installment 14 €12,812.84 Within 15 months of completion 0.84%
Installment 15 €12,812.84 Within 18 months of completion 0.84%
Installment 16 €20,226.70 Within 24 months of completion 1.32%
Total €1,528,032.68



DESCIPRTION OF THE REGION AND MUNICIPALITY

Boka Bay, also know as The Bay of Kotor is on the list of the most beautiful bays in the world, and one part of it is under the UNESCO protection. This southernmost fjord of Europe is 65 meters deep. It is also called the pearl of the Adriatic, and its unique beauty has inspired the creativity of numerous world artists. It is tucked between two peninsulas – Luštica and Prevlaka, while the magnificent mountain slopes of Lovćen and Orjen rise above the bay. The entire region of Boka is traditionally a maritime region that has given many sailors throughout the ages. The cities located on the shores of the Bay of Kotor – Kotor, Perast,Risan, Herceg Novi and Tivat have been maritime and trade centers since ancient times.



Rich history and tradition of the Bay of Kotor is influenced by many cultures starting with ancient ones,and the strongest mark was left by the Republic of Venice, when Kotor was among most developed cities in the Mediterranean. Diverse cultural influences are recognized on architectural heritage, and today there are many breathtaking historical villas and houses along the coast of Boka Bay.





Statistics Kotor
$ 4 107
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Kotor
Difference
Monthly Rent Cost
1-Room Apartment
$ 704
2-Room Apartment
$ 684
Apartment Purchase Price per m²
In the City Center
$ 4 107
Outside the City Center
$ 2 933
Crime Index
17
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
17
Safety Index
83
Traffic CO₂ Index
931
Traffic Inefficiency Index
115
Rent Index
21
Health Care Index
33
Groceries Index
N/A
Pollution Index
34
Traffic Commute Time Index
40
Restaurant Price Index
58
Climate Index
90
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
119
Restaurants
Meal, Inexpensive Restaurant
$ 11.73
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.94
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.70
Domestic Beer (0.5 liter draught)
$ 2.93
Imported Beer (0.33 liter bottle)
$ 3.81
Coke/Pepsi (0.33 liter bottle)
$ 2.60
Water (0.33 liter bottle)
$ 1.42
Cappuccino (regular)
$ 3.23
Markets
Milk (regular), (1 liter)
$ 1.35
Loaf of Fresh White Bread (500g)
$ 1.07
Eggs (regular) (12)
$ 3.29
Local Cheese (1kg)
$ 9.27
Water (1.5 liter bottle)
$ 0.86
Bottle of Wine (Mid-Range)
$ 6.45
Domestic Beer (0.5 liter bottle)
$ 1.19
Imported Beer (0.33 liter bottle)
$ 1.84
Cigarettes 20 Pack (Marlboro)
$ 4.40
Apples (1kg)
$ 1.41
Chicken Fillets (1kg)
$ 8.68
Oranges (1kg)
$ 1.66
Potato (1kg)
$ 0.97
Lettuce (1 head)
$ 1.77
Rice (white), (1kg)
$ 2.32
Tomato (1kg)
$ 2.52
Banana (1kg)
$ 1.79
Onion (1kg)
$ 1.12
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 12.91
Transportation
One-way Ticket (Local Transport)
$ 1.76
Gasoline (1 liter)
$ 1.73
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 30 508
Taxi Start (Normal Tariff)
$ 0.76
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 11.73
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 26 988
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 126
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 33.60
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 17.21
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 027
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 46.94
Cinema, International Release, 1 Seat
$ 5.87
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 86.73
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.94
1 Pair of Nike Running Shoes (Mid-Range)
$ 96.80
1 Pair of Men Leather Business Shoes
$ 111
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 337
International Primary School, Yearly for 1 Child
$ 8 105
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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