Flat 57 м² in Lustica, Montenegro

ID 4OdI6

Area: 57 m²
Bathrooms: 1

Description

Apartment in Tivat. City - Lustica Peninsula

Centrale, the center of Lustica Bay, Montenegro, with its winding streets and Piazza, combines all the charms of a dynamic city life with the tranquility and privacy of a bedroom community. A vast infrastructure is already in place, with plans for a medical center, an international school, a police station and fire station, new hotels, bars and restaurants.There are two residential complexes in the Centrale area: Centrale and Piazza. When buying an apartment you will be offered several design projects to choose from, which can also be customized to your taste.Centrale is located in a quiet location, yet only a few steps away from the city center and Piazza. All apartments have an elegant and modern design, harmonizing with the architectural traditions of Montenegro and the style of Lustica Bay.Type: from studios to 3-bedroom apartments. Area: from 40 m2 to 100 m2.Completion of the buildings: July 2025 and February 2026.Centrale is a new neighborhood in Lustica Bay - a town with resort infrastructure on the Adriatic Sea coast. Here you will find the perfect combination of the comfort of city life and the tranquility of a bedroom community. Situated amidst the beautiful scenery of the Lustica peninsula, Centrale is just minutes away from the future golf course and marina on the magnificent Adriatic Sea coast. The neighborhood covers an area of 12.9 hectares and is an extension of the municipality of Radovici. It will be home to more than 3,000 residents.All Neo

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 340 344 $
Land area: 0 m²

FAQ

How can I get a residence permit by buying property in Montenegro?

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lustica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

Yes. Rental income tax is 5–25% depending on the regime. In Lustica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (340 344 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

A typical transaction runs 30–90 days, averaging 45 in Lustica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).