Looking for a beautiful place to live in Europe? Tivat, a sunny town on the coast of Montenegro, might be just right for you.
This once-quiet town now has a fancy marina, new buildings, and lots to enjoy. With warm weather all year and an airport close by, it’s becoming a favorite spot for people from around the world.
Tivat is special because it mixes modern comforts with old European charm. Whether you want a vacation home or a full-time place to live, Tivat has amazing deals. Ready to find out why Tivat could be your perfect new home?
What's Special About Tivat's Housing Market
Buying a home in Tivat is still pretty affordable compared to other beach towns in Europe. You can find all kinds of homes here - from fancy apartments near the water to cozy houses in the old part of town.
New apartments near the marina might cost around $300-400 per square foot, while homes in other parts of town can be half that price.
If you buy a home here, you can make money by renting it out when you're not using it. Many homeowners rent their places to tourists in the summer and make good money doing it.
Getting There Is Easy
One of the best things about Tivat is how easy it is to get there. The airport is just a five-minute drive from downtown, and you can fly directly to many big European cities. It's also easy to visit nearby countries like Croatia and Albania, which makes weekend trips fun and simple.
The roads are good and getting better, with new highways making it easier to drive around Montenegro. You can also take a ferry across the bay to visit other beach towns, or use the local buses to get around.
Life in Tivat
Porto Montenegro, the fancy marina area, is like a small city within Tivat. It has nice shops, restaurants, and places to hang out. Even if you don't live right at the marina, it's a fun place to visit and spend time.
Tivat has everything you need for daily life - good doctors, schools, grocery stores, and gyms. There's a beautiful beach called Ponta Seljanovo, and a nice walking path along the water where you can watch the sunset.
You'll find plenty of cafes and restaurants serving both local food and dishes from around the world.
Rules for Buying Property
Buying a home in Tivat is pretty straightforward. Foreign buyers have the same rights as locals, which makes things easier. Here's what you need to do:
1. Find a home you like
2. Have a lawyer check all the paperwork
3. Sign the buying papers
4. Get your home registered officially
You'll need to pay some fees and taxes, but they're lower than in many other countries. Plus, if you buy property here, you might be able to get residency in Montenegro, which is a nice bonus.
Living Costs and Money Matters
Living in Tivat costs less than living in most Western European countries. Food, restaurants, and entertainment are usually 30-40%cheaper. You won't pay much in property taxes either - usually less than 1% of what your home is worth each year.
Montenegro has low income taxes (just 9%), and there are several good banks in Tivat. While it might be harder to get a loan as a foreigner, many builders offer good payment plans when you buy a new home.
Tips for Buying Your New Home
When you're ready to buy in Tivat, here are some helpful tips:
- Work with a local real estate agent in Montenegro who knows the area well.
- Have a lawyer check everything about the property before you buy
- If you plan to rent out your home, think about hiring someone to manage it
- Look into what's being built nearby
- Ask about all the costs of maintaining your home
Tivat is a great place to buy property because it offers beautiful views, good weather, and lots of fun things to do. It's cheaper than many other European beach towns but still has all the modern features you need.
Whether you want a vacation home or a new place to live, Tivat has lots of good options that won't break the bank.
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