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- Lastva Park Townhouses Tivat: Premium 240-350m² Homes with Private Pools
- Single Family Home
Property Type
- 2
Bedrooms
- 3
Bathrooms
- 146 m²
Area Size
- 2026
Year Built
About this Property
Discover exceptional luxury living in Donja Lastva with Lastva Park townhouses – nine exclusive 240-350m² multi-level residences featuring private infinity pools, panoramic sea views, and world-class finishes. Located just 450 meters from the beach and 1.5km from Porto Montenegro marina, these completed townhouses offer the perfect blend of Mediterranean coastal lifestyle and strong investment returns.
Lastva Park Townhouses Tivat: Premium 240-350m² Homes with Private Pools
FeatureDetailsLocationDonja Lastva, Tivat, MontenegroSize Range240-350 m²Configuration2-3 floor townhousesBedrooms2-3 bedroomsPrivate PoolEvery townhouse (6-10m infinity edge)Price Range€610,000-€875,000Price per m²€2,440-€2,500Distance to Beach450 meters (6-minute walk)Distance to Porto Montenegro1.5 km (18-minute walk)Distance to Tivat Airport5 km (8-minute drive)CompletionDecember 2023 (ready now)Rental Yield5.7-8.7% net annually
Why Lastva Park Townhouses Stand Out
These Lastva Park townhouses Tivat represent Montenegro’s premier luxury home opportunity, combining prime Donja Lastva positioning with investment-grade specifications. Each townhouse features premium European finishes including Villeroy & Boch German bathrooms, Daikin Japanese air conditioning, AEG kitchen appliances, and Italian oak parquet flooring throughout.
The complex spans 10,000m² on an elevated hillside, ensuring every townhouse enjoys unobstructed Adriatic Sea views while maintaining privacy. Modern white-and-stone architecture blends contemporary design with traditional Mediterranean elements, creating authentic coastal character that appeals to both lifestyle buyers and sophisticated investors.
Key Investment Advantages:
Private infinity pool in every unit commanding 40-60% rental rate premiums
Walking distance to Porto Montenegro at €2,440/m² versus €7,000-€12,000/m² marina-front pricing
New construction with 2-year warranty and zero renovation requirements
Strong rental yields of 5.7-8.7% net through vacation rentals
Complete December 2023 – immediate availability for occupancy or rental income
Above the €150,000 residence permit threshold on price — the decisive figure is the tax-assessed value, which we can confirm for you
Premium location in Tivat’s most prestigious neighborhood
Read our complete guide to buying property in Montenegro for the full purchase process.
Townhouse Specifications and Layouts
Lastva Park townhouses range from 240m² to 350m² across 2-3 floor layouts, designed for luxury Mediterranean living:
Typical Three-Floor Configuration:
Ground Floor:
Underground parking for 2 vehicles plus guest parking
Storage and utility room
Internal staircase access to upper floors
First Floor – Main Living Level:
Open-plan living room with kitchen and dining area (50-70m²)
Floor-to-ceiling windows opening to sea-view terrace
Guest bathroom
Large terrace with outdoor dining area
Direct access to private infinity pool
Second Floor – Sleeping Level:
Master bedroom with en-suite bathroom and walk-in closet
1-2 additional bedrooms with fitted wardrobes
Additional bathroom(s)
Bedrooms with terrace access and sea views
Laundry room
Third Floor – Rooftop (Select Units):
Rooftop terrace with 270° panoramic Adriatic views
Private infinity pool or jacuzzi installation capability
Outdoor kitchen and BBQ area
Sunbathing deck with loungers
The multi-level design provides natural privacy separation between entertaining spaces, private bedrooms, and exclusive rooftop retreats, while maximizing sea views from every level.
Premium Finishes and Smart Home Technology
Every Lastva Park townhouse includes investment-grade finishes representing €120,000-€180,000 in value:
Interior Finishes:
Italian oak parquet throughout living areas and bedrooms
Large-format Italian porcelain tiles in bathrooms
Underfloor heating throughout entire townhouse
Premium interior doors with soft-close mechanisms
Built-in wardrobes in all bedrooms
Bathroom Luxury – Villeroy & Boch:
Premium German sanitaryware (toilets, sinks, bidets)
Rainfall showers with thermostatic controls
Freestanding bathtubs in master bathrooms
Heated towel rails and backlit mirrors
Italian marble or premium ceramic finishes
Designer Kitchens – Italian Composit + AEG:
Exclusive Italian kitchen design with quartz/granite countertops
Complete AEG appliance package: refrigerator, freezer, oven, microwave, induction cooktop, dishwasher, wine cooler, integrated range hood
Soft-close cabinetry with LED interior lighting
Breakfast bar integrated into island design
Climate Control – Daikin Systems:
VRV inverter air conditioning with individual zone control
Ultra-quiet operation and energy-efficient heating/cooling
Underfloor radiant heating throughout
Reduces electricity costs 40% versus standard systems
Windows and Doors – Alumil Premium:
Greek aluminum systems with triple-glazed energy-efficient glass
Thermally broken frames preventing heat transfer
Integrated insect screens and high-security locks
Smooth sliding systems for large terrace doors
Smart Home Integration – Shelly:
Smartphone app control (iOS/Android) for lighting, climate, security
Programmable lighting scenes and temperature scheduling
Pool system control and energy monitoring
Voice control compatible (Alexa, Google Home)
Private Infinity Pools and Outdoor Living
Every Lastva Park townhouse includes a private 6-10 meter infinity edge swimming pool with saltwater chlorination system, underwater LED lighting, and optional heating capability. Pools are positioned on main terraces or rooftop levels, featuring glass panel safety fencing and composite wood decking.
Total outdoor terrace space per townhouse ranges from 80-150m² across multiple levels, effectively doubling usable living area. Terraces include built-in outdoor dining areas for 8-10 persons, covered pergola sections, BBQ gas connections, outdoor showers, and ambient LED lighting systems.
The elevated hillside position ensures every townhouse enjoys panoramic Adriatic Sea views encompassing Boka Bay waters, Porto Montenegro marina, historic Donja Lastva village, and dramatic Vrmac Mountain backdrop rising 756 meters. This combination of private pools, extensive terraces, and sea views creates resort-style living unavailable in standard apartment developments.
Prime Donja Lastva Location
Lastva Park occupies Donja Lastva – Tivat’s most prestigious residential neighborhood, combining authentic coastal village charm with modern luxury infrastructure:
Beach and Waterfront Access (450m): The complex sits just 450 meters (6-minute walk) from Donja Lastva beach and waterfront promenade. Crystal-clear swimming areas, beach bars, water sports rentals, and coastal walking paths provide daily Mediterranean lifestyle. Swimming season extends May through October with water temperatures reaching 20-26°C.
Porto Montenegro Proximity (1.5km): The world-famous Porto Montenegro superyacht marina lies 1.5km walking distance (18 minutes), providing access to 630 berths accommodating vessels up to 250 meters, luxury boutiques (Dior, Bulgari, Rolex), Michelin-quality restaurants, beach clubs, and year-round events. This positioning delivers Porto Montenegro lifestyle at €2,440/m² versus €7,000-€12,000/m² marina-front pricing – exceptional value for discerning buyers.
Tivat Airport Convenience (5km): Tivat Airport sits just 5km away (8-minute drive), offering direct flights to 50+ European cities during summer season and year-round connections to Belgrade and Istanbul. This proximity enables effortless international travel – perfect for second-home owners and rental guests.
Walking Distance Amenities:
Knightsbridge International School: 800m (British curriculum, ages 3-18)
Voli supermarket: 600m
Restaurants and cafés: 300-600m
Pharmacies: 700m
Medical clinic: 900m
Tennis courts and fitness centers: 600-800m
Regional Connectivity:
Kotor Old Town (UNESCO): 8km, 15 minutes
Budva (beaches, nightlife): 25km, 25 minutes
Perast (historic village): 12km, 20 minutes
Podgorica Airport: 85km, 70 minutes
This infrastructure supports year-round living – a key advantage over seasonal resort developments lacking schools, healthcare, and daily services. Explore more properties in our Tivat apartments guide.
Exceptional Investment Performance
Lastva Park townhouses deliver Montenegro’s highest luxury home rental yields through premium positioning, private pools, and Porto Montenegro proximity:
Rental Income Projections (€700,000 townhouse, 280m²):
Peak Season (June-September, 120 days):
Weekly rate: €3,500-€4,500
Occupancy: 75-85%
Gross income: €45,500-€67,500
Shoulder Season (May, October, 60 days):
Weekly rate: €2,000-€3,000
Occupancy: 50-65%
Gross income: €8,000-€18,000
Off-Season (November-April, 180 days):
Long-term rental: €3,000-€3,500/month × 6 months
Gross income: €18,000-€21,000
Annual Gross Income: €71,500-€106,500 Annual Net Income (after 25% management, expenses): €44,500-€66,500 Net Rental Yield: 6.4-9.5%
These yields significantly outperform standard Tivat apartments (3-5% net) due to private pool premiums, luxury finishes justifying higher rates, family capacity (6-8 persons), and Porto Montenegro positioning capturing overflow demand.
Capital Appreciation Potential:
Current pricing at €2,440-€2,500/m² positions Lastva Park competitively within Donja Lastva’s established market. Historical data from the Montenegro Real Estate Association shows Tivat waterfront properties appreciated 4-6% annually over the past decade.
5-Year Projected Value (€700,000 purchase):
Conservative (4% annual): €851,000
Moderate (5% annual): €893,000
Optimistic (6% annual): €937,000
10-Year Total Returns:
Rental income (net): €445,000-€665,000
Capital appreciation: €151,000-€237,000
Total returns: €596,000-€902,000
Total ROI: 85-129%
Annualized return: 8.5-12.9%
This combination of strong rental yields and capital appreciation positions Lastva Park among Montenegro’s top-performing real estate investments. Compare with other investment opportunities in our Montenegro real estate guide.
Purchase Process and Costs
Total Investment Required:
Purchase Price: €610,000-€875,000 (varies by size, position, views)
Transaction Costs:
Transfer tax: €0 (new build – 21% VAT included in price)
Legal fees: €2,000-€2,500
Notary fees: €730-€850
Translation: €200-€300
Cadastre registration: €300
Total Additional Costs: €3,230-€3,950
Total Purchase Investment: €613,230-€878,950
The VAT-inclusive new build structure eliminates the 3-6% progressive transfer tax applicable to resale properties, saving €23,800-€34,250 on a €700,000 purchase. Learn more in our complete cost guide.
Optional Additions:
Full designer furniture package: €60,000-€90,000
Pool heating system: €5,000-€8,000
Rooftop jacuzzi installation: €10,000-€15,000
Ongoing Annual Costs:
Property tax (0.25%): €1,525-€2,188
HOA fees: €2,500-€4,000
Pool maintenance: €1,800-€2,500
Insurance: €1,200-€1,800
Utilities (if owner-occupied): €2,600-€4,280
Total Annual: €9,625-€14,768 (non-rental)
Foreign Ownership and Residence Permits
Foreigners from any country can purchase Lastva Park townhouses with full freehold ownership rights. There are no restrictions for EU or non-EU citizens, no annual foreign ownership fees, and properties register in buyer’s name at Montenegro cadastre with identical inheritance and sale rights to local ownership.
All Lastva Park townhouses exceed the €150,000 minimum property value for Montenegro residence permit applications as established by the Law on Foreigners (Official Gazette No. 003/2026). Residence permits are renewable annually with property ownership, include spouse and dependent children, and provide a path to permanent residence after 5 years.
Application requirements include property ownership certificate, €3,650 Montenegro bank balance, health insurance, and clean criminal record. Processing takes 30-60 days through the Ministry of Interior. Read our Montenegro residence permit guide for complete details.
Tax advantages for property investors include 15% capital gains tax on property sales, 9% flat income tax on rental profits, and 0% inheritance tax for direct heirs – among Europe’s most favorable property tax regimes.
Comparison with Porto Montenegro
Lastva Park townhouses cost €610,000-€875,000 (€2,440-€2,500/m²) versus Porto Montenegro equivalents at €1,200,000-€2,500,000 (€7,000-€12,000/m²). Both offer luxury finishes and marina proximity, but Lastva Park provides €590,000-€1,625,000 savings while maintaining 1.5km walking distance to Porto Montenegro amenities.
Key Differences:
Lastva Park Advantages:
€590,000-€1,625,000 lower purchase price
60-65% higher net rental yields (5.7-8.7% vs 3.5-5.5%)
Lower HOA fees (€2,500-€4,000 vs €8,000-€15,000 annually)
Authentic residential neighborhood versus tourist-heavy marina
Quieter hillside position with superior privacy
New 2023 construction with warranty coverage
Stronger capital appreciation potential (currently undervalued)
Porto Montenegro Advantages:
Marina-front first line position
Direct yacht berth access and water views
24/7 hotel services and concierge within complex
Luxury boutiques and restaurants steps away
Higher prestige “Porto Montenegro” address
For pure investment returns, Lastva Park delivers superior performance through higher yields, lower costs, and stronger appreciation potential. For lifestyle buyers seeking Porto Montenegro amenities without premium pricing, Lastva Park’s walking distance provides optimal balance of access and value.
Why Choose Lastva Park Townhouses
Unique advantages distinguish Lastva Park from competing Tivat properties:
Private Pool in Every Unit: Unlike apartment complexes with shared pools, each townhouse includes a 6-10m private infinity pool – rare in Tivat market and commanding 40-60% rental rate premiums.
Completed New Construction: December 2023 completion provides 2-year warranty coverage, modern energy-efficient systems, and zero renovation requirements versus older Donja Lastva resale properties requiring updates.
Authentic Architecture: Stone and wood elements create genuine Montenegrin coastal character versus generic modern developments, appealing to buyers seeking Mediterranean authenticity.
Porto Montenegro Value Positioning: 1.5km walking distance provides luxury marina lifestyle at €2,440/m² versus €7,000-€12,000/m² marina-front pricing – exceptional value proposition.
Superior Rental Performance: 5.7-8.7% net yields significantly outperform both standard Montenegro apartments (3-5%) and comparable European coastal properties (2-4%).
Limited Supply Creates Scarcity: Only nine townhouses in exclusive complex versus hundreds of competing apartments supports value retention and appreciation.
Investment-Grade Specifications: Villeroy & Boch, Daikin, AEG, Italian oak floors typically represent €120,000-€180,000 upgrade value versus standard developer finishes.
Year-Round Infrastructure: International schools, healthcare, supermarkets enable permanent residence versus seasonal resort properties lacking essential services.
Frequently Asked Questions
How much are Lastva Park townhouses? Prices range from €610,000 to €875,000 depending on size (240-350m²), floor plan, and sea view quality. Price per square meter is €2,440-€2,500 with 21% VAT already included.
Are the townhouses ready to move in? Yes. Phase 1 completed in December 2023, meaning all nine townhouses are ready for immediate occupancy with full luxury finishes, private pools, and landscaping complete.
Can I rent out my Lastva Park townhouse? Yes. Short-term vacation rentals generate €63,500-€106,500 gross annually with 5.7-8.7% net yields. Long-term rentals are also permitted at €2,500-€4,000 monthly.
How far is the beach from Lastva Park? 450 meters (6-minute walk) to Donja Lastva beach. Porto Montenegro marina is 1.5km (18-minute walk). Tivat Airport is 5km (8-minute drive).
Can foreigners buy these townhouses? Yes. Foreigners from any country can purchase with full freehold ownership rights. No restrictions for EU or non-EU citizens. Properties register in buyer’s name with identical rights to local ownership.
What’s included in the purchase price? All luxury finishes (Villeroy & Boch bathrooms, Italian oak floors, Daikin air conditioning, AEG appliances), private pool with equipment, smart home system, underground parking for 2 cars, and 2-year warranty. Furniture is optional at €60,000-€90,000 additional.
Do I qualify for a Montenegro residence permit? All of the townhouses are priced well above the €150,000 threshold, but the authorities measure it on the tax-assessed value rather than the contract price, and the applicant must hold at least 50% of the property. We can confirm the assessment for a specific unit. A permit granted this way is renewable each year for as long as you own the property, and a spouse and dependent children can apply on the basis of family reunification.
What are the annual running costs? €9,625-€14,768 annually if owner-occupied (property tax, HOA, pool maintenance, utilities, insurance). If rented out, tenants cover utilities reducing owner costs to €6,200-€10,500.
Discover additional investment opportunities across Montenegro’s coastal markets:
Browse Budva apartments for higher rental yields
Explore sea view apartments across Montenegro
Review new build developments
Check investment opportunities Montenegro
Read our 2026 Montenegro real estate market guide
Lastva Park townhouses represent the optimal combination of luxury Mediterranean lifestyle, strong investment returns, and accessible coastal pricing in Montenegro’s premier Tivat market. With December 2023 completion, these ready-for-occupancy homes offer immediate rental income potential or personal use in one of Europe’s most beautiful coastal destinations.
Related Documents
Property Details
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Property ID MEST-52202
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Price 610,000€
-
Property Size 146 m²
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Bedrooms 2
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Bathrooms 3
-
Year Built 2026
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Property Status For Sale
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Property Type Single Family Home
Amenities
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