Villa with apartments on 1 sea line with its own beach in the village of Krasici on the Lustica peninsula.The villa is built using high quality materials; double glazing has a special coating that protects against contact with sea salt.The facade is made in a combination of polished stone and polymer plaster.The walls are insulated with 8 cm thick sound and heat insulation.All windows and terraces have a direct view to the sea and the Bay of Boko-Kotor.The house consists of three apartments:1 STORY:One bedroom apartment, open plan living room with kitchen, bathroom and terrace with direct access to the beach.2 STORY:Entrance hall. One bedroom apartment with kitchen, living room, bathroom and terrace. Technical room.3 STORY:Entrance hall. Apartment with two bedrooms, kitchen, living room, bathroom and terrace.About the location:Krasici is one of the most attractive villages on the Lustica peninsula, recently transformed into an exclusive summer resort with many luxury villas along the gulf coast or in the atmosphere of a traditional Montenegrin village.Here privacy is combined with proximity to all the popular destinations of the region:- 3 km from the most luxurious Nikki Beach Club, combining elements of music, restaurants, spa, entertainment, fashion and art;-12 km from Lustica Bay with the first and only golf residence in Montenegro, with tennis courts, spa and fitness center, waterfront, restaurants and stores.-Villa is about 11 km from Tiv airport
Characteristics
Property type
Residential Properties
Object type
Villa
Price
1 451 450 $
Land area
0 m²
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Krasici; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Krasici short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (1 451 450 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Krasici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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