Flat 66 м² in Lustica, Montenegro

ID 4OdI5

Area: 66 m²
Bedrooms: 1
Bathrooms: 1

Description

Apartment in Tivat. City - Lustica Peninsula

If you're looking for a new home on the Mediterranean that combines first class benefits with breathtaking scenery, check out the Marina Village complex at Lustica Bay in Montenegro.About Lustica BayLustica Bay, a highly acclaimed mixed-use development, offers a year-round lifestyle in a cosmopolitan community surrounded by pristine beaches, an array of restaurants and stores, all overlooking the stunning Adriatic Sea.A premium collection of limited edition apartments and penthouses are available for purchase at Visterija Residences. The homes are set in a picturesque location and each bedroom of the apartments offers stunning sea views. Nestled between the mountains and the sea, these homes feature three swimming pools, lush landscaping, 24-hour security, garages and dedicated parking. And all of this is just a short walk from the cleanest beaches and lively waterfront restaurants.Large selection of real estate in MontenegroYou can choose from 1, 2 and 3 bedroom apartments ranging from 70 to 108 m2. The interior design complements the surrounding nature with delicate palettes of soft colors, creating a peaceful aesthetic. They offer central air conditioning, porcelain tile floors, modern kitchens and bathrooms. You can choose additional options such as underfloor heating, oak flooring, quartz composite worktops and built-in wine cabinets. Completion is December 2025.Add a luxurious Mediterranean feel to your life

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 562 914 $
Land area: 0 m²

Services and facilities

Pool
Garage/parking

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 (562 914 $) 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).