Apartment in The Chedi Hotel, Luštica Bay
Tivat, Luštica Bay
395.000 €
Area
45 m²
Rooms
7
Floor
1
PROPERTY DESCRIPTION
Apartment within the prestigious and globally renowned hotel The Chedi Luštica Bay 5*
This property represents the perfect combination of a luxurious vacation just steps from the sea and a secure investment. This unique property offers you the opportunity to become the owner of a part of a globally recognizable brand at one of the most prestigious locations on the Montenegrin coast.
Located in the exclusive Marina Village zone, right on the Adriatic Sea coast, the hotel offers a distinctive blend of sophisticated architecture and world-class hotel service. Just steps from the apartment are well-maintained beaches, a luxury marina, top-notch restaurants, cafes, and promenades, while the future professional golf course is in close proximity. Tivat Airport and Porto Montenegro are just a few minutes' drive away.
Usage rules and investment model
The purchase of this property is ideal for buyers seeking passive income. Sale of apartments in the Chedi Luštica Bay hotel operates on a “condo” model, meaning that all operations, booking, maintenance, and hotel services are managed by professional hotel management. Owners are allowed personal use of the unit for up to 30 days a year, according to a clearly defined schedule:
July and August: Use by the owner is not allowed (peak season reserved for maximum yield).
June or September: Up to 5 days.
May or October: Up to 9 days.
November to April: The remaining 16 days (can be used consecutively).
Note: Unused days do not carry over to the next year.
Ownership benefits and hotel service
As an owner of an apartment in the The Chedi hotel, you enjoy all the benefits of a luxury complex without any operational obligations or stress of property management. At your disposal are:
Reception and 24/7 concierge service
Professional maintenance and housekeeping service
Access to the spa center, pools, gym, and the hotel's private beach
This is an exceptional opportunity for investors who want carefree ownership of a property (hands-off investment) that brings long-term investment value and stable capital gain in the Montenegrin luxury market.
Amenities
- Internet
- Balcony
- Sea view
Location
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Questions about this property
What is the price per square metre?
At 395.000 € for 45 m², this listing works out to 8.778 € per square metre. Compare it with the city average in the market card on this page.
Which floor is it on, and is there a lift?
The property is on floor 1. No information about a lift was provided.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.