Land 500 м² in Tivat, Montenegro

ID 4OdF4

Area: 500 m²

Description

Land plot in Tivat. City - Tivat

Plot of 996 m2 with idea project in Tivat.The plot is located in a quiet, green part of the city in 600m from the sea and surrounded bypine forest.Clean air, ideal location away from the noisy city and the highway, but at the same time pedestrian access.highway, but at the same time pedestrian accessibility of infrastructure and the sea.In close proximity to the site is located landscaped promenadeelite marina Porto Montenegro, beaches, parks, cafes, restaurants, children's playgrounds,sports grounds, municipal institutions.According to the UTU on the site is authorized to build an apartment building with an area of 500m2 + 230 m2 underground floor + not exploited terraces.An idea project has been developed.Sea view from the 3rd floor.The plots located in front of the plot are outside the boundaries of the MUP.

Characteristics

Property type: Land
Object type: Land
Price: 268 059 $
Land area: 996 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 Tivat; 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 Tivat 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 (268 059 $) 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 Tivat: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).