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AI Summary

Elegant 68 sq. m apartments in the prestigious Luštica residential complex will become your ideal seaside retreat. A spacious living room with access to a cozy balcony, a modern kitchen, and access to a private pool create an atmosphere of absolute comfort and a premium lifestyle for 425,000 euros.

No. 2516

Apartment in Luštica No. 2516

€425,000
View: Mountain view, City view

Details

Area
68 m²
Rooms
2
Bedrooms
1
Bathrooms
1
Year built
2023
Parking
Yes
Price per m²
€6,250

Description

Apartment for sale inLuštica Bay, Centraledistrict.

The apartment, with an area of68 m², has one bedroom and one bathroom and is located in a building with a swimming pool. The price includesa parking space in the underground garage. The layout is well thought out and functional, and the space is bright and cozy — comfortable both for permanent living and for rental purposes.

Centraleis the heart of the Luštica Bay project and the resort’s only district designed foryear-round living. Within walking distance are shops, cafes, a pharmacy, a school, and all the necessary infrastructure, making the location convenient not only for holidays but also for life outside the tourist season.

Luštica Bayis a large-scale international coastal project created as a full-fledged town by the sea. A gated and secured territory, a yacht marina, beaches, restaurants, promenades, and a high level of service generate sustained rental demand and long-term property value.

The apartment in Centrale is a balanced solution for those looking for comfortable seaside living with clear investment logic and liquidity.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€425,000
Property transfer tax
€18,250
€4,500 (3% × 150,000) + €13,750 (5% × 275,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€19,179
Estimated costs to purchase the propertyTotal: €444,179

Location

What's nearby

  • GroceriesCity595 m
  • RestaurantResoran Astoria361 m
  • Bus stop436 m
  • ATM1.6 km
  • AirportTivat Airport4.9 km
  • PortAeroport Marina3.7 km
  • Sea547 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€425,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,114/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,183/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,218/mo
Monthly payment
€1,963
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€297,500
Total interest€173,708
Loan amount
€297,500
Total interest
€173,708
Total payment
€471,208

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€425,000
€6,250/m²No. 2516