Flat 120 м² in Tivat, Montenegro

287 965 $

2 399 $ /м²

4OZmg

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #1

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #2

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #3

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #4

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #5

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #6

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #7

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #8

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #9

Flat 120m² in Montenegro, Tivat. Priced at 243000€ rent photo- #10

Area

120 м²

Bedrooms

Bathrooms

Three bedroom penthouse under construction, 2 km from the center of Tivat

Located in Vrijes - a quiet, green part of the city, 700 meters from the sea. Clean air, ideal location away from the noisy city and highways; but at the same time, walking distance from the infrastructure and the sea. 2 km from the center of Tivat and Porto Montenegro. This new residence offers apartments with full turnkey finishing. Only high quality materials were used in the process of finishing, including natural stone for facades and public areas. The complex will be serviced by a professional management company. The two-bedroom apartment with total area of 120 m2 is located on the second floor. The apartment has a separate staircase and entrance area. The living area of 95m2 consists of: master bedroom with bathroom and dressing room (access to one terrace), open plan living room with kitchen and dining area (with access to the second terrace), one bathroom, two bedrooms. The terraces totaling 25 m2 have sea views. Price of the apartment: 266.000€ - Price of the apartment under construction: 243.000€ Completion is scheduled for December 2024. For more information and to schedule a viewing, please contact our real estate consultants at info@residomontenegro.com.

Additional details

Property type

Residential Properties

Object type

Flat

Price

287 965 $

FAQ

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.

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 Tivat 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 (287 965 $) 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 Tivat: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).