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Villa 150 м² in Lustica, Montenegro

982 455 $

6 549 $ /м²

4OdHi
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Area

150 м2

Bedrooms

3

Bathrooms

2

Villa in Tivat. City - Lustica Peninsula

Renovated stone house on the peninsula of Lustica. The house is fully reconstructed and equipped.The area of the house is 150 m2.Structure: living room with fireplace, kitchen, 3 bedrooms, 2 bathrooms, dressing room. There is also a summer kitchen and outdoor dining area. There is a swimming pool.The property is located in a quiet neighborhood, surrounded by forest, just a few minutes drive from stores, restaurants and beaches.The plot of land is 659 m2 and has 3 more old ruined stone houses on it, which could be reconstructed.Base area of the rushevins: 55 + 47 + 26 m2Location: LusticaHouse area: 150 m2Plot area: 659 m2No. of bedrooms: 3No. of bathrooms: 2

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Villa

Price

982 455 $

Land area

659

Characteristics

Pool

FAQ

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 (982 455 $) 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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