Kotor Property management
Property Management in Kotor
Property management firms in Kotor handle rental administration, owner representation, maintenance coordination and short-term let logistics for residential and holiday properties across the Bay of Kotor.
The core service for absentee owners is full short-term rental management: listing the property on Booking.com, Airbnb and Vrbo, coordinating cleaners between guest stays, handling key exchange, paying utility bills and emergency repairs, and remitting net income monthly. Management fees usually sit between 18% and 25% of gross rental income depending on whether marketing and listing optimisation are included. Some firms charge a flat monthly retainer for long-term tenanted properties (€80 to €150 a month) with separate invoicing for one-off interventions.
Most firms in Kotor cover the inner-bay districts (Old Town, Škaljari, Dobrota, Muo) and Perast, with a smaller number extending to Risan and the upper bay. Pool maintenance, garden upkeep and seasonal opening or closing of holiday homes are typically priced separately. Foreign owners commonly use the same firm for short-term lets in summer and a long-term tenancy in winter to keep occupancy through the off-season.
New clients are normally taken on with a one-year management agreement and a property condition report at handover. The peak intake window for summer is January to March, when firms still have capacity to onboard a new property and prepare the listing for the May to October season.