Kotor Real Estate
Apartments, Houses and Property for Sale in Kotor
Stone, view and waterline set the prices here, from Old Town apartments to Dobrota's captains' houses, and foreign buyers purchase in their own name with straightforward conveyancing. Spring and autumn are the viewing season.
Estate agents concentrate inside Kotor Old Town, on the Dobrota waterfront road and in Perast, where stone houses, sea-view apartments and bayside villas form the bulk of the market. Resale one-bedroom apartments in Dobrota generally start around €120,000, with bay-view units in Perast and Prčanj, Old Town stone houses and rural plots above Škaljari and Muo spreading the market well above and below that line.
Long-term rentals are tighter than the sales market because most owners switch to short-term lets between May and October. Property management firms handle the rotation between winter leases and summer holiday listings for many owners on the bay.
Foreign buyers can purchase residential property in their own name without a company structure, and the notary office in Kotor handles the conveyancing, with transaction tax at 3% of the registered price for most resales. Spring and autumn are the best months for viewings, since the same trip covers more properties without summer-traffic delays on the bay road.
FAQ
Buying, selling and renting property in Kotor, answered.
Can foreigners buy property in Kotor?
Yes; residential property can be bought in a foreign buyer's own name with no company structure required, on the same terms as citizens. The notary office in Kotor handles the conveyancing.
What tax is paid on a purchase?
Transfer tax sits at 3% of the registered price for most resale transactions, paid by the buyer. New-build purchases run through VAT instead, which the agent confirms case by case.
What does due diligence involve?
Title and planning-status checks before signing, handled through the notary and the agency. It matters most on older stone properties, where ownership shares and permitted-works history need confirming.
Are long-term rentals available?
They exist but run tight, because many owners switch to short-term holiday lets between May and October. Property-management firms handle that seasonal rotation and are the practical route to a year-round lease.
When is the best time for viewings?
Spring and autumn; the same trip covers more properties without summer traffic on the bay road, and agents have more open diary than in peak season.