Flat 230 м² in Tivat, Montenegro

ID 4OdD4

Area: 230 m²
Bedrooms: 2
Bathrooms: 1

Description

Apartment in Tivat. City - Tivat

We present you a brand new complex with its own swimming pool and panoramic views of Tivat Bay.The complex has a unique position - it is a quiet area with sea and mountain views, but also the city center and Porto Montenegro can be reached in just 5 minutes. In walking distance there is all the necessary infrastructure - supermarket, stores, cafes, restaurants, bakery, schools; the beach can be reached in 10-15 minutes.The complex itself consists of 5 buildings with 2 swimming pools, garage and outdoor parking.Currently for sale is a penthouse with 3 bedrooms (130 m2) and a huge terrace (100 m2) with panoramic views of Porto Montenegro and the sea. On the terrace you can install a summer kitchen, Jacuzzi and several relaxation areas. The building is fully completed and ready for occupancy.

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 616 769 $
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 Tivat; 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 Tivat 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 (616 769 $) 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 Tivat: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).