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Flat 94 м² in Lustica, Montenegro

936 502 $

9 962 $ /м²

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Area

94 м2

Bedrooms

1

Bathrooms

2

Apartment in Tivat. City - Lustica Peninsula

Luxury 1 bedroom top floor luxury apartment in IRIS-8 at Marina Village in Lustica Bay 1 bedroom94 м22 bathroomsdirect sea viewonly apartment on the floorswimming pool in the buildingIdeal apartment in IRIS-8 building in Marina Village in the luxury gated complex Lustica Bay with occupancy as early as July 31, 2024 - a rare opportunity to buy a home in one of the most sought-after locations on the Adriatic, ready to move in or rent this summer, but with installments and without real estate turnover tax.Main features: 1 bedroom, spacious and comfortable layout designed for modern living. Direct sea view from the living room, from the bedroom and also from the terrace. 2 bathrooms: guest bathroom and bathroom in the bedroom. The only apartment on the floor. Installment for 2 years: payment of 530,000 on signing the contract and the remaining 270,000 conveniently spread over the next two years with quarterly installments. This apartment represents a unique opportunity as there are no offers with such a close completion date directly from Lustica Bay right now.Special offer: The apartment is sold under an assignment agreement: the buyer is exempted from the tax on the purchase of secondary housing thus saving 70,000 euros. A special lifestyle in Lustica Bay: A unique international community of about 50 different nations. Access to beaches and pools of Luštica Bay: Enjoy free access to beaches and pools

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

936 502 $

Land area

0

Characteristics

Pool

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 (936 502 $) 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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