Villa 268 м² in Lustica, Montenegro

ID 4OdGV

Area: 268 m²
Bedrooms: 4
Bathrooms: 3

Description

Villa in Tivat. City - Lustica Peninsula

Modern house in Lustica, Ponta Veslo is the best real estate offer in this ecologically clean region with rare Mediterranean vegetation, beautiful beaches and crystal clear waters of the Adriatic Sea. Lustica peninsula is a unique natural territory, recognized as a region of strategic development of Montenegro. It is here that the new elite town of Lustica Bay is being built, and therefore the pace of development of the peninsula and, accordingly, its investment attractiveness is leading the country.House description:The plot of 324 m2 is beautifully landscaped. There is a garden, a garage and a covered terrace.The size of the house is 268 m2 (two floors: 132 and 136 m2). Plus a garage of 17 m2.The house was built for yourself, not for sale. All materials, appliances and furniture are of high quality. The modern layout is carefully thought out.On the ground floor there are 2 separate apartments: studio and 1 bedroom apartment. Plus a large terrace.The next level is a unique living space consisting of: entrance hall, kitchen area, dining and lounge area and master bedroom. Panoramic glazing and a fantastic view of the Adriatic is a harmony that fills with peace.There is also a separate bedroom with en-suite bathroom and dressing room.From the hall, an internal staircase leads to the 150-meter roof terrace, where the summer kitchen is located. And here there are only the tiled roofs of an old Mediterranean village, green hills and the endless azure sea...Location: Lustica, Ponto VesloVilla area: 268 m2

Characteristics

Property type: Residential Properties
Object type: Villa
Price: 493 415 $
Land area: 324 m²

Services and facilities

Garage/parking
Furniture

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 Lustica; 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 Lustica 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 (493 415 $) 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 Lustica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).