Skip to main content

How much does a luxury flat cost in Kotor? Flats over €500,000 (November 2026)

On 12 November 2026, 31 flats in Kotor asked €500,000 or more on Fijaka, at a median of €690,000 for 146 m²; 4 asked €1 million or more. By size and view.

Rohat KahramanAttorney, RoNa Legal

· Reviewed for legal accuracy

RoNa Legal
Stone steps and walls climbing the mountain above the old town of Kotor

How much does a luxury flat cost in Kotor? On 12 November 2026, 31 flats in the municipality of Kotor asked €500,000 or more on Fijaka. Their median asking price was €690,000 for 146 m² (€4,690 per m²), and 4 of them asked €1 million or more.

By size

SizeFlatsMedian priceMedian size
Three bedrooms17€670,000140 m²

Of the 31 flats, 5 are penthouses and 6 duplexes. 88% of those that state a view (17) have a sea view.

Current listings: sea-view flats for sale in Kotor and flats for sale in Kotor.

What does buying cost on top of the price?

  • Transfer tax on a resale flat is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €690,000 that is €33,400. See the property transfer tax guide.
  • A new flat bought from a developer carries VAT in the price instead.
  • The property route to a residence permit needs a tax-assessed value of €150,000: investing in Montenegro property: key numbers.

Related answers

Frequently asked questions

How many luxury flats are for sale in Kotor? 31 flats asked €500,000 or more on 12 November 2026; 4 asked €1 million or more.

What does a luxury flat in Kotor cost per square metre? A median €4,690 per m² for flats over €500,000.

How much is a three-bedroom luxury flat in Kotor? A median €670,000 for 140 m², across 17 listings.

How these numbers were measured

Asking prices of all active flats, penthouses and duplexes for sale in the municipality of Kotor asking €500,000 or more on Fijaka on 12 November 2026. Medians leave out listings without a price. A size row is shown with at least 15 listings (sizes: 10) from at least 3 sellers. These are asking prices, not sale prices.

Property: all articles

Read this article in another language

This article is for informational purposes only and does not constitute legal advice. We recommend seeking professional advice from a licensed attorney for real estate transactions in Montenegro.