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AI Summary

A multi-level residential complex consisting of two houses is for sale, located on the Luštica Peninsula, Mirišta, with a beautiful view of the sea and Mamula Fortress. A large three-story house, with an area of 395 m2: 7 bedrooms and 7 bathrooms and 1 guest toilet, a huge living room with a kitchen and panoramic views, three large terraces

No. 2021

Villa on the Luštica Peninsula No. 2021

€1,600,000
View: Sea view

Details

Area
510 m²
Land area
600 m²
Bedrooms
8
Bathrooms
8
Year built
2009
Parking
Yes
To sea
100 m
Price per m²
€3,137

Description

A multi-level residential complex for sale, consisting of two houses, located on the Luštica Peninsula, Mirista, with a beautiful view of the sea and Mamula Fortress.


Large three-story house, with an area of 395 m2:
7 bedrooms and 7 bathrooms and 1 guest toilet, a huge living room with a kitchen and panoramic views, three large terraces, a garage and a large utility room (with the possibility of making a sauna and a fireplace there).

Small two-story house, with an area of 114 m2:
4 bedrooms and 2 bathrooms, kitchen-dining room, 2 large terraces and an inner courtyard with fruit trees and grapes

The total area of the two houses is 510 m2 excluding terraces.

Stunning sea and mountain views, daily sunsets at the entrance to the Bay of Kotor, and above all privacy and tranquility among the forest in the best resort area of the country, where local residents of Montenegro come to relax

It should be noted that all rooms are equipped with underfloor heating, furnished and fitted with household appliances. Solar panels are installed on the roof, and the garage accommodates two cars at once.
The house is surrounded by fruit trees and evergreen plants, built in 2009. The distance to the sea is only one hundred meters. The main infrastructure is located in the town of Tivat, twenty minutes away by car.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€1,600,000
Property transfer tax
€88,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €66,000 (6% × 1,100,000)

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€90,156
Estimated costs to purchase the propertyTotal: €1,690,156

Location

What's nearby

  • GroceriesZanjic208 m
  • RestaurantRestoran Mirišta62 m
  • AirportTivat Airport12.0 km
  • PortŽanjice353 m
  • Sea100 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 100 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
€1,600,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€7,960/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€8,219/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€8,350/mo
Monthly payment
€7,392
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€1,120,000
Total interest€653,961
Loan amount
€1,120,000
Total interest
€653,961
Total payment
€1,773,961

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.

€1,600,000
€3,137/m²No. 2021