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House 383 м² in Radovici, Montenegro

785 120 $

2 049 $ /м²

4Oj2f
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Area

383 м2

Bedrooms

7

A house in Tivat. Town - Radovichy

The exclusive complex of houses, recreated from a historic building from 1701, is located in Radovichy, next to the prestigious Lustica Bay project. This unique complex is located in the heart of the village, which is under the protection of UNESCO, offering its future owners a unique opportunity to live or do business surrounded by ancient temples and houses with a rich historical heritage.

The reconstruction of this building was carried out using vintage photographs to accurately recreate the architecture of the complex, making it an ideal choice for connoisseurs of history.
The total area of the three buildings is 383.67 m2, and the plot is 328 m2.

Reconstruction was carried out using ancient stone with reinforcement of concrete structure. All reconstruction documentation is approved by the state.
The new owner will be able to choose the interior decoration to his liking, adding his unique touch to this historic place.

The complex includes four residential units with common inner and outer courtyards, as well as a place for barbecue, creating a cozy space for relaxation and living. There is a possibility to increase the number of residential units by dividing the premises into apartments, as well as an additional option to install a pool on the plot.

Surrounded by picturesque views of the mountains, temples and Mount Lovcen, this complex offers a rare opportunity to enjoy the atmosphere of the old world with modern amenities.
Urban communications provide comfort, and the developed infrastructure makes this object an excellent investment project as a business - boutique hotel, and for permanent residence.

Additional details

Property type

Residential Properties

Number of rooms

7

Object type

House

Price

785 120 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Radovici; 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 Radovici 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 (785 120 $) 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 Radovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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