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AI Summary

A luxurious 235 m² villa on the picturesque Luštica Peninsula is the perfect combination of privacy, style, and comfort. This spacious residence with five bedrooms, private pools, and magnificent views is located just 800 meters from the azure coastline, offering you a life in harmony with the nature of the Adriatic.

VillasNo. 246

Villa No. 246

Lustica, Luštica, Montenegro
€1,200,000
View: City view

Details

Area
235 m²
Land area
787 m²
Bedrooms
5
Bathrooms
5
Parking
Yes
To sea
800 m
Price per m²
€5,106

Description

A luxurious villa is for sale on the Luštica Peninsula. The total area is 235 m2 on a 787 m2 plot.

Layout: a spacious cozy living room, a large kitchen with a dining area and access to a covered veranda, five bedrooms with en-suite bathrooms or showers.

The villa is fully furnished and equipped with all necessary household appliances. The modern design combines several styles. The villa offers a magnificent panoramic view of the Bay of Kotor, as well as the Lovćen mountain range.

The property features a Mediterranean garden, a swimming pool with a lounge area, a tennis gazebo with a summer kitchen, and a barbecue area.

Amenities

Swimming poolCity viewAir conditioningParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€1,200,000
Property transfer tax
€64,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €42,000 (6% × 700,000)

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€65,747
Estimated costs to purchase the propertyTotal: €1,265,747

Location

What's nearby

  • GroceriesCity market1.7 km
  • Restaurant862 m
  • AirportTivat Airport14.5 km
  • PortŽanjice3.0 km
  • Sea800 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 800 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
€1,200,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€5,970/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€6,164/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€6,263/mo
Monthly payment
€5,544
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€840,000
Total interest€490,471
Loan amount
€840,000
Total interest
€490,471
Total payment
€1,330,471

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.

€1,200,000
€5,106/m²No. 246