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AI Summary

A luxurious villa of 381 m² in picturesque Luta is the perfect choice for those who dream of waking up just 50 meters from the azure sea. The spacious house with 6 bedrooms and a cozy living room will become your personal oasis of comfort and tranquility on the coast.

No. 1060

Apartment in Luta No. 1060

Ljuta · Bay of Kotor, Luta, Montenegro
€997,500
View: City view

Details

Area
381 m²
Bedrooms
6
Bathrooms
5
Year built
2016
Parking
Yes
To sea
50 m
Price per m²
€2,618

Description

A luxurious duplex in Ljuta is offered for sale. Its total area is 381 m2 (114 m2 on the first floor and 267 m2 on the second floor).
On the first floor: a spacious bedroom, a guest bedroom, a children's room with two children's beds, a kitchen area, a separate area for washing machines and household appliances, two spacious terraces, one of which is equipped as a children's play area.
On the second floor: three bedrooms, two spacious bathrooms, two storage rooms, a spacious living room combined with a kitchen and a large dining area with a table for 10 people.
From the living room, there is access to the main terrace of the duplex, which offers an unforgettable view of the Bay of Kotor. The terrace features a dining table for 6 people, outdoor lounge furniture, sun umbrellas, and a jacuzzi. Once you relax on this terrace, you will feel in complete harmony and bliss, just from the panoramic view of the beautiful bay surrounded by picturesque mountains. Silence and tranquility are the best neighbors of this property.
On the same floor, there is another spacious terrace, accessible from the bedroom, with a wonderful view of the Bay of Kotor and the mountains.
The apartment is fully equipped for a comfortable life for all family members. All rooms are furnished, and all necessary household appliances, satellite TV, high-speed internet, and a smart home system are installed.
On the ground floor of the building, there is a garage and an elevator that, with a turn of the key, arrives at the first and second levels of the apartment, which occupies the top two floors of the 4-story building.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€997,500
Property transfer tax
€51,850
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €29,850 (6% × 497,500)

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€53,377
Estimated costs to purchase the propertyTotal: €1,050,877

Location

What's nearby

  • GroceriesViva Market165 m
  • RestaurantStari Mlini704 m
  • Bus stopLjuta174 m
  • ATM1.4 km
  • AirportTivat Airport9.0 km
  • PortKotor Cruise Pirs5.9 km
  • Sea50 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.
This property is about 50 m from the sea.
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
€997,500
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€4,962/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€5,124/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€5,206/mo
Monthly payment
€4,608
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€698,250
Total interest€407,704
Loan amount
€698,250
Total interest
€407,704
Total payment
€1,105,954

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.

€997,500
€2,618/m²No. 1060