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Studio Flat for Sale in Lustica

€35,000

1
Bed
1
Bath
17
Available
Peter Flynn

Peter Flynn

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Description

Lustica is a peninsula on the south Adriatic Sea, located at the entrance of the Bay of Kotor in southwestern Montenegro. The peninsula is the main excursion destination for tourists as it has the finest beaches and resorts. The stunning views and scenery, clean seas, warm summers and relative isolation make Lustica an attractive tourist destination.

This is a 17m² ground floor studio apartment located in Miriste, 400m from a pebble beach in Zanjice. The owner has started renovation that needs completion, leaving the space open to create a dream vacation property.

Parking on the property.

There is great rental potential in this area, as well as excellent rental yield and capital gain potential.

This apartment is 11.7km away from Lustica Bay, 22.1km away from Tivat Airport, 24km away from Kotor Old Town, and 25.8km away from Porto Montenegro.

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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Lustica

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Learn More about living in Lustica: Things to Do and See in Lustica

Frequently Asked Questions

What should I know about rental agreements?

Rental agreements in Montenegro are legally binding contracts that outline the terms and conditions of the rental arrangement. It is important to ensure that the agreement includes key details such as the rental amount, payment schedule, duration of the lease, and responsibilities of both the landlord and tenant.

Additionally, it is advisable to clarify any rules regarding pets, maintenance, and termination of the lease. If you have any questions or concerns, it is wise to consult with a legal expert to ensure that your rights are protected.

What are the advantages of buying property in Montenegro?

Buying property in Montenegro offers several advantages. The country boasts stunning natural beauty, a favorable climate, and a growing economy, making it an attractive destination for both living and investment. Additionally, property prices in Montenegro are generally lower than in many Western European countries, providing excellent value for money.

Furthermore, Montenegro has a straightforward property purchase process for foreigners, and the potential for rental income from tourism is significant. Overall, investing in Montenegrin real estate can be a rewarding opportunity.

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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