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Flat 40 м² in Lustica, Montenegro

391 812 $

9 795 $ /м²

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Area

40 м2

Bedrooms

1

Bathrooms

1

Apartment in Tivat. City - Lustica Peninsula

Brand new, designer apartment with 1 bedroom and terrace-garden of 22 m2 in the new complex Lustica Bay - Central. No one has lived in the apartment yet.The apartment is fully furnished with designer furniture. Full kitchen with appliances (coffee maker, toaster, etc.), washing machine, dishwasher. Video surveillance, video intercom, security, parking, fire alarm. Access to the beach - free shuttle service every 15 min. Free sunbeds and towels, fenced playground, outdoor gym, sports fields. Benefits and events exclusively for Lustica Bay property owners.Apartment area: 40+22 m2No. of bedrooms: 1No. of bathrooms: 1

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

391 812 $

Land area

0

Characteristics

Furniture

FAQ

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.
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 Lustica 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 (391 812 $) 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 Lustica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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