The new complex is being built in the village of Lastva Grbaljska - in a convenient area equidistant from Tivat, Kotor and Budva
Construction will be completed in 2025.
Eco-friendly building materials and high-quality class A aesthetic elements are used in the construction.
The complex includes a swimming pool and SPA center, reception, management company, restaurant, sports ground, gazebos for relaxation
View of the sea and Jaz beach.
The first building has 33 apartments (24 studio apartments and 9 one-room apartments) and 33 garage spaces.
Within three years, it is planned to build 8 more buildings.
Payment at 100%: 2300 euros/m2
Payment by installments - 2500 euros/m2
Installment terms: 50% upon signing the preliminary agreement.
20% after completion of rough work
15% after installation of windows and doors
15% upon handing over of keys
Garage space price - €15,000
On sale
30m2 studio apartment on the ground floor €72,000
36m2 one-bedroom apartment on the first floor €82,800
35m2 studio apartment on the second floor €84,000
36m2 one-bedroom apartment on the second floor €86,400
37m2 one-bedroom apartment on the first floor €88,800
39m2 one-bedroom apartment on the first floor €89,700
39m2 studio apartment on the first floor 93,600€
40m2 studio apartment on the ground floor 96,000€
40m2 one bedroom apartment on the ground floor 96,000€
44m2 one bedroom apartment on the ground floor 105,600€
47m2 one bedroom apartment on the ground floor 112,800€
48m2 one bedroom apartment on the ground floor 115,200€
49m2 one bedroom apartment on the ground floor 117,600€
Characteristics
Property type
Residential Properties
Object type
Flat
Price
94 975 $
Year of construction
2027
Services and facilities
Pool
Garage/parking
Distance to key points (meters)
To sea
5000 m
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 Lastva Grbaljska; 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 Lastva Grbaljska 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 (94 975 $) 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 Lastva Grbaljska: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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