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Studio Apartment in Lustica Bay for Sale
€325,000
Peter Flynn
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Description
Centrale is set to become the heart of Lustica Bay, blending vibrant community life with modern convenience. With residential buildings already taking shape and plans for a school, bank, fire service, and more, it's an ideal spot for families and professionals seeking the perfect second home or vacation retreat. The neighborhood boasts modern infrastructure and thoughtful design that harmonizes with its natural surroundings.
Centrale combines residential and commercial spaces with inviting public areas, all designed to embrace outdoor living and foster a lively community. Its charming streets lead to the Piazza, a central square filled with shops, cafes, galleries, and restaurants, offering energy and activity every day of the year.
Property Features:
- Beach access
- Access to two adult pools and one children's pool
- Contemporary fixtures and spacious layouts
- Fully equipped kitchen
- Open plan living and dining areas
- All fitted furniture included
- Garage or a dedicated parking space long term lease included
- 24h customer service and security
- Internal storage space
Centrale Homeowner Benefits
As a homeowner at Lustica Bay, you are buying so much more than a home, you will be a part of Lustica Bay's exclusive lifestyle. To ensure you can make the most of every moment at Lustica Bay, our residents are provided with an array of unique benefits including:
- Access to Lustica Bay beach, along with the priority reservation benefits for other beaches within the complex
- Customer service and security
- Shuttle service to Marina Village
- Access to rental pool managed by Lustica Bay's Property Rental Service
- Discounted rates for The Chedi Lustica Bay 5-star hotel
- Access to invitation only events
- 24h customer service and security
- Beach access
- An exclusive year-round property management and maintenance service, including upkeep, maintenance and landscaping available at a preferential charge
This spacious studio apartment consists of entrance are with spacious inbuilt storage cupboard, open space kitchen, living and dining area that continues to the generous terrace with either garden or partial sea views.
There is a generous size bathroom that guarantee comfortable living altogether.
This apartment has area of 40 m2 and is fully furnished and ready to move in.
Contact us today to schedule the viewing!
ntRealty is a Real Estate Agency based in Tivat, Montenegro, headed by British businessman Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design, and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process, and we pride ourselves on giving a high level of service in a polite, friendly, and efficient way.
ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay, and Lustica, and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.
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Frequently Asked Questions
For a straightforward resale apartment with clean paperwork, the buying process can often be completed within 3-6 weeks. More complex transactions, new builds, or mortgage-financed purchases can take longer.
Some banks do lend to foreigners, but conditions are tighter—lower loan-to-value ratios and stricter income requirements. Many foreign buyers finance through their home country or pay cash.
Officially, everything is in euros. You can convert from your home currency before sending, or in some cases settle using cryptocurrency if both parties and the notary agree—but the contract price and taxes are always euro-based.
Beyond the purchase price and transfer tax, budget for notary fees, translation, legal fees, and potentially agency commission—together, these typically add 2-4% to your total cost.
No. Most foreign buyers use a Power of Attorney to authorize someone here—your lawyer, NT Realty, or another trusted representative—to sign on your behalf.
By convention, the buyer usually pays both the notary fees and the sworn court translator fees, though this can be negotiated between parties.
Yes, and it's more straightforward than most people expect. Montenegro welcomes foreign buyers—both EU and non-EU—and you can own property in your own name without needing residency or a local company in most cases.
Disclaimer: Purchase Costs & Information Accuracy
All costs associated with the purchase, including notary fees, real estate transfer tax (if applicable), and any legal fees, are the sole responsibility of the buyer. ntRealty bears no responsibility for the correctness of the information published here, which is based exclusively upon details provided to us by the property owner(s). ntRealty has no obligation to update, modify, or amend this listing or to notify a reader if any information, including urbanistic or cadastral data, subsequently becomes inaccurate. All listings are subject to prior sale. Agency Commission: No agency commission is charged to the buyer. The agency fee is paid by the seller.
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