Flat 68 м² in Lustica, Montenegro

ID 4OdI4

Area: 68 m²
Bedrooms: 1
Bathrooms: 1

Description

Apartment in Tivat. City - Lustica Peninsula

Lustica Bay's coastal neighborhood Marina Village presents its final collection of properties - Jasmin Residences. This residential complex is located on a hillside and gives a magnificent view of the Adriatic Sea from the heights. The impressive houses are located near four clean beaches and close to the promenade with restaurants of Lustica Bay. Just above, at the top of the hill, is the town center and golf course.The quintessential coastal lifestyleSituated in the heart of Montenegro's dynamic coastal town, Jasmin Residences is the perfect location for coastal living. From the sparkling neighborhood pools to the cinematic views of the azure sea and the green hills of the Lustica peninsula, the views from every point are a delight to behold. Some apartments have a private inner garden and swimming pool for privacy. At the water's edge, on the promenade, residents gather to relax in charming restaurants and bars with al fresco terraces - the perfect place to welcome a dazzling sunset on the sea. Just a few steps up the hillside, the lively Piazza awaits you with stores, cafes, bars and beauty salons. The international community comes together for outdoor sports, from yoga and sailing to friendly games of basketball, bocce, padel, tennis and volleyball.Thoughtfully designed for relaxed livingEach elegant apartment, designed specifically for maximum convenience, im

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 591 725 $
Land area: 0 m²

Services and facilities

Pool

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 (591 725 $) 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).