Three-Bedroom Apartment in The Peaks - Lustica Bay
This beautiful three-bedroom apartment is located in the Lustica Bay residential area, 'The Peaks,' in Tivat municipality. Lustica Bay is a dreamy spot uniting old-world charm with upscale facilities designed to reflect the character of Montenegro's traditional fishing villages. It offers stunning, expansive views of the surrounding landscape, creating a carefree ambiance and exceptional lifestyle.
'The Peaks' is an exclusive new hillside golf neighborhood. Secluded yet connected to the lifestyle and community of Lustica Bay, 'The Peaks' provides a spirit-lifting setting for Montenegro's first world-class golf experience and contemporary living in architecturally stunning homes.
This spacious three-bedroom apartment in Botanika overlooks the golf course and the Adriatic Sea. It features a bright open-plan living and dining area, three bedrooms, bathrooms, and a beautiful terrace offering magnificent views. Owners have access to the neighborhood swimming pool and Guvno seating area.
The interior features a bespoke custom-made kitchen with Miele appliances or a similar international brand, porcelain tiles with stone and terrazzo effects, bespoke wood-veneer wardrobes, high-quality parquet flooring, additional Miele appliances, branded fittings, premium sanitary ware, and a heated towel rail. Neighborhood parking lots are also available for residents.
As a homeowner at Lustica Bay, you are buying much more than a home; you become part of Lustica Bay's exclusive lifestyle. The architecture blends harmoniously with nature and respects Montenegro's cultural roots while offering inspired contemporary design and functionality. Each neighborhood has its own character and provides premium lifestyle offerings and amenities, making Lustica Bay an exceptional destination for living and investment.
Lustica Bay is located on the sweeping Lustica Peninsula, between the stunning entrance to the Bay of Kotor and the Adriatic Sea. It is a gateway to the treasures Montenegro has to offer. Tivat International Airport is approximately 10 km away, while Podgorica International Airport is approximately 90 km away and Dubrovnik Airport in Croatia is approximately 46 km away. With direct European connections, Lustica Bay is within a three-hour flight from most major European cities.
Indulge in the ultimate seaside and golf lifestyle and make this exceptional three-bedroom apartment with breathtaking sea and golf views your new home.
Contact us for more information or to arrange a viewing.
Property features * Air-conditioning * Close to Tivat airport * Design concept * Excellent * Excellent location * Golf course * Kids playground * Management company * Marina * Mountain view * Parking * Residential area * Sports fields * Tennis court * Tourism * Video surveillance
Characteristics
Property type
Residential Properties
Object type
Flat
Price
1 587 726 $
Services and facilities
Air conditioner
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 (1 587 726 $) 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).
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