Frequently asked questions (FAQ) about buying property in Montenegro

How does the viewing of properties on Luštica Bay in Montenegro work?

We offer you a pick-up service from Tivat Airport,
to show you all the beauty of Luštica Bay.

Then we visit "Marina Village", "Centrale", "The Peaks" and "Horizon" with panoramic views of the Adriatic Sea and the Bay of Kotor.

We look forward to welcoming you to Montenegro at Luštica Bay!

Please contact us for more information.

In Montenegro on Lustica in Luštica Bay the site plan of The Peaks, Centrale, Marina Village and Horizon
Are accommodation packages available to view the properties on Luštica Bay at your leisure?

If you are interested in a visit, Lustica Bay also offers a Fly & Buy Package from mid-June to mid-September.

First day:

  • Check in:
    "The Chedi Hotel" Luštica Bay
  • Free time
  • Presentation Luštica Bay
  • Free time
  • Dinner at Marina Village restaurant, menu with fish or meat and a glass of wine, water and coffee

Day 2:

  • Breakfast
  • Presentation Luštica Bay - second part
  • Free time
  • Transfer to Kotor
  • Cable car and aperitif sunset - view of the Bay of Kotor
  • Return journey
  • Free time

Day 3:

  • Breakfast at "The Chedi Hotel"
  • Free time until the shuttle to the airport
  • Total package price per person in a single room: EUR 770.00
  • Total package price for 2 people in a double room: 910.00 EUR
  • This amount will be deducted from the purchase price once you have signed a purchase contract.
  • Flight ticket excluded

 

Terms and conditions: The sightseeing package is for sightseeing in Lustica Bay and includes assistance from a sales representative. Bookings are subject to availability and are based on a maximum of two people sharing accommodation, including VAT. Lustica Development AD reserves all rights to change this offer without prior notice. General terms and conditions apply.

How much is the reservation fee for property in Luštica Bay, Montenegro?

The fee for the reservation is between 2,000 - 5,000.00 EUR depending on the unit.
Only a copy of your passport is required.
This fee will be deducted from the first deposit when the contract is signed.

What are the notary fees for buying a property in Luštica Bay / Montenegro?

Lustica Bay pays the notary fees for the customer's first purchase.

When will the keys be handed over?

The current financing plan includes a down payment of 20% and a planned instalment of at least 70% of the total price
until the keys are handed over.

What taxes are payable in Montenegro when buying a property?
  • When a property is purchased by an owner, the land transfer tax falls to 3%.
  • On the other hand, if you buy your property through an investor or developer, the tax is 0%.
  • Montenegro introduced a tax policy that was rather favourable and focused on investments.
  • The income and corporate tax rates are both 9%.
  • In addition, the capital gains tax rate is 9%.
  • The pension and inheritance tax rate is 0%.
  • The VAT rate is 21%.
Are there any restrictions for foreigners who want to buy a property in Montenegro?

No, there are currently no restrictions for foreigners wishing to purchase a property in Montenegro.
A valid passport is all you need and the experienced Lustica Bay team will take care of the rest.

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