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House 70 м² in Tivat, Montenegro

748 348 $

10 690 $ /м²

4OZqL
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Area

70 м2

Bedrooms

2

Bathrooms

1

House for renovation in Gornji Kalimani, near the center of Tivat

The house on a plot with total area of 1.093m2 is located in Gornji Kalimani, about 700 from the center of Tivat and Porto Montenegro. Direct access by road. The plot has an existing house of 90m2 at the base and an additional object of 24m2 at the base. Note: the existing house has permission to extend to a maximum of 500m2. Density ratio 0.3; projected number of storeys Ground Floor + Storey + Attic. For further details and to make an appointment to view the property, please contact our property consultants at info@residomontenegro.com.

Additional details

Property type

Residential Properties

Object type

House

Price

748 348 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Tivat; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Tivat short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (748 348 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Tivat: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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