Penthouse in Tivat. City - Lustica Peninsula
FOR SALE A NEW COMPLEX OF APARTMENTS BY THE SEA ON THE LUŠTICA PENINSULA WITHOUT AGENCY COMMISSION!
The complex is located near the sea on the Lustica peninsula next to Lustica Bay and Porto Montenegro. In the immediate vicinity there are several clean beaches, developed resort infrastructure and Tivat International Airport.
Main characteristics of the complex: modern level of comfort, thoughtful design, indoor and outdoor living, convenient location with privacy, very high quality construction, architectural solutions with harmonious interior spaces for maximum comfort
Unique modern interiors
Airiness and lightness of the interiors thanks to panoramic windows 3.5 meters high
feeling of open space
Daylight
Several bathrooms and toilets with advanced engineering equipment
Modern multifunctional kitchen
Epoxy concrete floor screed in work areas and technical rooms
Parquet or concrete epoxy flooring in other rooms at buyer's choice
Thoughtful modern comfort
USB connection technology
Cable TV outlets in living room and all bedrooms
Power outlets and wiring for flat screen TV
Installing Wi-Fi wireless access points
Smart Home system with wireless communication
Centrally controlled air conditioning and heating system.
Payment plan: 50% at the time of signing the contract, 30% upon completion of external work on site, 20% upon completion of all finishing construction work.
Information about this property may have changed and we cannot be held responsible for its accuracy. For exact specifications please contact us. Copying, reproduction, distribution, reprint (in whole or in part), or other use of the material without the written permission of the author is not permitted. Any violation of the author's rights will be prosecuted on the basis of international law.
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 (350 818 $) 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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