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Penthouse 174 м² in Tivat, Montenegro

4 532 731 $

26 050 $ /м²

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Area

174 м2

Bedrooms

3

Luxury penthouse for sale in Tivat, Montenegro

Exclusive apartments in Elena Residences in Porto Montenegro, Tivat The latest addition to Porto Montenegro's residential collection, Elena Residences are located in the heart of the village and will open in summer 2019. They form the missing part of a new boulevard for stores and restaurants, which complements the existing promenade and extends the pedestrian walkway from Venice Square to the Synchro building. Adjacent to the neighboring Regent Pool Club residences, this flattering new construction offers intimate waterfront living with custom furnishing solutions. Elena's elegant and sophisticated interiors bring style and character to the modern core of any residence. The design is inspired by the Italian Riviera and epitomizes affluence and refined luxury. Residents can enjoy cosmopolitan living, intimate luxury and traditional neighborhood ambiance with views of the mountains and nearby waters. With a total of 50 luxury condominiums, buyers can choose from apartments, 1, 2 and 3 bedrooms and luxury penthouses meticulously finished with elegant finishes and high-end, regal furnishings. Italian-inspired décor and nautical motifs complement the waterfront location, while high ceilings and sliding doors maximize natural light. Stunning penthouses with private pools and spacious rooftops for guests, relaxation and entertaining are the perfect investment opportunity or second home for the discerning buyer.Elena Residences, Po

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

4 532 731 $

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 (4 532 731 $) 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).

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