As of June 2026, apartments in Tivat are expensive by Montenegro standards, because Porto Montenegro, Luštica Bay, Donja Lastva, Seljanovo and the limited land around the bay pull prices well above the national average.
Get all the data you need about the real estate market in Tivat
We constantly update this blog post because apartment prices in Tivat in 2026 are moving fast, especially near Porto Montenegro and the bay.
The main point is simple: Tivat is still smaller than Budva or Kotor, but Tivat apartment prices are now in a premium coastal market.
For most foreign buyers, the real question is not only the purchase price, but the full budget after tax, fees, utilities, HOA and maintenance.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Tivat.
Insights
- The average apartment asking price in Tivat in June 2026 is about €330,000, or about $383,000, but the median is lower because Porto Montenegro lifts the average.
- A realistic mid-market apartment price in Tivat in 2026 is about €3,750 to €4,250 per m², or about $405 to $459 per sq ft.
- Tivat is not one market: Mrčevac or Dumidran can still sit near €2,500 to €3,500 per m², while Porto Montenegro can exceed €10,000 per m².
- The best value in Tivat in 2026 is often not the cheapest apartment, but a clean-title one-bedroom or two-bedroom with parking in Mažina, Župa or Seljanovo.
- Foreign buyers should not treat MONSTAT’s coastal new-build average as a Tivat price, because Tivat’s best neighborhoods trade above the coastal average.
- For a normal Tivat two-bedroom apartment in 2026, a buyer should often budget around €340,000 to €350,000 all-in for a resale purchase.
- New-build apartments in Tivat usually cost 15% to 30% more than comparable resale apartments, but weak locations can make some new units poor value.
- Annual ownership costs in Tivat can feel low at first, but HOA, utilities, property tax, sea-air maintenance and insurance can add several thousand euros per year.
- The most important Tivat-specific risk is overpaying for a “sea-view” apartment that is far uphill, difficult to access, or missing proper parking.
How much do apartments really cost in Tivat in 2026?
What's the average and median apartment price in Tivat in 2026?
As of June 2026, the estimated average apartment asking price in Tivat is about €330,000, or about $383,000, while the median apartment price in Tivat is closer to €265,000, or about $307,000.
This means the average apartment price per square meter in Tivat in 2026 is about €4,250, or about $4,930, which is around €395 per sq ft, or about $458 per sq ft.
For most standard apartments in Tivat in 2026, a realistic purchase range is about €150,000 to €420,000, or about $174,000 to $487,000, before stretching into premium waterfront stock.
How much is a studio apartment in Tivat in 2026?
As of June 2026, a typical studio apartment in Tivat costs about €150,000, or about $174,000, with cheaper inland studios below that level and marina studios far above it.
In practical terms, entry-level to mid-range studios in Tivat cost about €95,000 to €190,000, or about $110,000 to $220,000, while luxury studios near Porto Montenegro can cost €300,000 to €500,000, or about $348,000 to $580,000.
Most studio apartments in Tivat are about 28 to 45 m², with Porto Montenegro studios often larger and more expensive because the buildings are designed for premium holiday use.
How much is a one-bedroom apartment in Tivat in 2026?
As of June 2026, a typical one-bedroom apartment in Tivat costs about €210,000, or about $244,000, if the buyer targets a usable mid-market location rather than a trophy marina building.
Entry-level to mid-range one-bedroom apartments in Tivat usually cost about €125,000 to €310,000, or about $145,000 to $360,000, while luxury one-bedrooms in Porto Montenegro or Luštica Bay can reach €400,000 to €700,000, or about $464,000 to $812,000.
Most one-bedroom apartments in Tivat are about 42 to 60 m², although resort-style one-bedrooms often use more space for terraces, views and shared services.
How much is a two-bedroom apartment in Tivat in 2026?
As of June 2026, a typical two-bedroom apartment in Tivat costs about €320,000, or about $371,000, when the buyer wants a liquid apartment with enough space, parking and year-round appeal.
Entry-level to mid-range two-bedroom apartments in Tivat usually cost about €190,000 to €520,000, or about $220,000 to $603,000, while luxury two-bedrooms in Porto Montenegro can cost €600,000 to more than €1,100,000, or about $696,000 to more than $1,276,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Tivat.
How much is a three-bedroom apartment in Tivat in 2026?
As of June 2026, a typical three-bedroom apartment in Tivat costs about €520,000, or about $603,000, if the apartment is large, well located and suitable for family use.
Entry-level to mid-range three-bedroom apartments in Tivat usually cost about €280,000 to €780,000, or about $325,000 to $905,000, while luxury three-bedrooms in Porto Montenegro or Luštica Bay can cost €900,000 to €1,800,000, or about $1,044,000 to $2,088,000.
Most three-bedroom apartments in Tivat are about 90 to 130 m², while high-end bay or marina apartments can be larger because terraces and views are part of the price.
What's the price gap between new and resale apartments in Tivat in 2026?
As of June 2026, new-build apartments in Tivat usually cost about 15% to 30% more than comparable resale apartments, with the biggest gap in Seljanovo, Donja Lastva and premium waterfront projects.
The estimated average new-build apartment price in Tivat is about €4,800 to €5,500 per m², or about $5,570 to $6,380 per m², which is about €446 to €511 per sq ft, or about $517 to $593 per sq ft.
The estimated average resale apartment price in Tivat is about €3,600 to €4,200 per m², or about $4,180 to $4,870 per m², which is about €334 to €390 per sq ft, or about $388 to $452 per sq ft.
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Can I afford to buy in Tivat in 2026?
What's the typical total budget (all-in) to buy an apartment in Tivat in 2026?
As of June 2026, a typical all-in budget for a standard apartment in Tivat is about €340,000 to €350,000, or about $394,000 to $406,000, if the buyer targets a good two-bedroom resale around €320,000.
This all-in Tivat apartment budget usually includes the purchase price, transfer tax on resale homes, notary fees, legal checks, translation, cadastre registration, banking costs and sometimes an agency fee.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Tivat property pack.
What down payment is typical to buy in Tivat in 2026?
As of June 2026, a foreign buyer using a mortgage in Tivat should often expect a down payment of 30% to 50%, which means about €96,000 to €160,000, or about $111,000 to $186,000, on a €320,000 apartment.
The minimum down payment that most lenders may accept in Montenegro is often around 20% to 30% for stronger resident borrowers, but non-resident foreign buyers should not plan around the lowest number.
A safer recommended down payment for favorable mortgage terms in Tivat is 40% or more, because local banks often treat foreign income, rental income and non-resident status more cautiously.
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Which neighborhoods are cheapest or priciest in Tivat in 2026?
How much does the price per m² for apartments vary by neighborhood in Tivat in 2026?
As of June 2026, apartment prices in Tivat range from about €2,300 to more than €12,000 per m², or about $2,670 to more than $13,920 per m², depending mostly on sea access, views, parking and brand.
The most affordable Tivat neighborhoods in 2026 are usually Mrčevac, Dumidran, Vrijes, Kava and parts of Mažina, where typical apartment prices run about €2,300 to €3,700 per m², or about $2,670 to $4,290 per m².
The most expensive Tivat areas in 2026 are Porto Montenegro, Luštica Bay, Donja Lastva, Seljanovo and Kalimanj, where prices often run from about €4,000 to more than €12,000 per m², or about $4,640 to more than $13,920 per m².
What neighborhoods are best for first-time buyers on a budget in Tivat in 2026?
As of June 2026, the top three Tivat neighborhoods for first-time buyers on a budget are Mrčevac, Dumidran and Mažina, with Kava and Župa also worth checking.
In these budget-friendly Tivat neighborhoods, a realistic apartment price range is about €110,000 to €240,000, or about $128,000 to $278,000, depending on size, building age and parking.
These areas can offer easier entry prices, practical road access, local shops and better value than the marina zone, while still keeping the buyer close to Tivat town and the bay.
The main trade-off is that budget apartments in Tivat may have weaker views, airport noise, hillside access, older buildings, limited parking or lower short-term rental appeal.
Which neighborhoods have the fastest-rising apartment prices in Tivat in 2026?
As of June 2026, the fastest-rising apartment prices in Tivat are likely in Seljanovo, Donja Lastva and Mažina, because buyers priced out of Porto Montenegro are moving into the next ring.
For these fast-appreciating Tivat neighborhoods, a realistic year-over-year price increase estimate is about 8% to 15%, with Seljanovo and Donja Lastva usually at the top of the range.
The main driver is simple: Tivat has limited good coastal land, strong foreign demand, better infrastructure than before and a premium anchor in Porto Montenegro.
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What extra costs will I pay on top of the apartment price in Tivat in 2026?
What are all the buyer closing costs when you buy an apartment in Tivat?
For a typical €320,000 resale apartment in Tivat, buyer closing costs are usually about €20,000 to €28,000, or about $23,000 to $32,000, before any furniture or renovation budget.
The main closing costs in Tivat are transfer tax, notary fees, legal due diligence, sworn translation, cadastre registration, bank transfer costs and sometimes agency fees.
The largest closing cost for most resale apartment buyers in Tivat is the real estate transfer tax, because Montenegro applies a progressive 3%, 5% and 6% system.
Some Tivat closing costs can vary or be negotiated, especially agency fees, legal fees and furniture or snagging costs, but transfer tax is not a normal negotiation item.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Tivat?
For most resale apartments in Tivat, buyers should budget about 5.5% to 7.0% of the purchase price for closing costs, with higher percentages on larger premium purchases.
The realistic low-to-high range for most standard Tivat apartment transactions is about 4.5% to 7.5%, while a new-build purchase can show only 2% to 4% visible extras if VAT is already included in the developer price.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Tivat.
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What are the ongoing monthly and yearly costs of an apartment in Tivat in 2026?
What are typical HOA fees in Tivat right now?
HOA fees are common in newer Tivat apartment buildings, and a normal apartment outside the branded marina segment should usually budget about €70 to €150 per month, or about $81 to $174 per month.
The realistic HOA fee range in Tivat is about €20 to €60 per month for a basic older building, €80 to €180 for a newer building with lift and garage, and €300 to €900 or more for Porto Montenegro-style serviced residences.
What utilities should I budget monthly in Tivat right now?
For a typical apartment in Tivat in June 2026, a safe monthly utility budget is about €130 to €230, or about $151 to $267, before adding high HOA fees.
The realistic monthly utility range in Tivat is about €70 to €120 for a studio, €90 to €160 for a one-bedroom, €130 to €230 for a two-bedroom and €180 to €320 for a three-bedroom.
This Tivat utility budget usually includes electricity, water, waste collection, internet and basic building services, although heating, cooling and internet packages can change the final bill.
Electricity is usually the most important utility for Tivat apartment owners because summer air conditioning and winter electric heating can lift bills quickly.
How much is property tax on apartments in Tivat?
For a normal €300,000 apartment in Tivat, a practical annual property tax budget is about €800 to €1,600, or about $928 to $1,856, although the exact bill depends on local assessment.
Montenegro annual property tax is generally calculated as a percentage of assessed property value, often discussed in a 0.25% to 1.00% range, with municipalities applying local factors.
For apartment owners in Tivat, a realistic annual property tax range is about €300 to €750 on a €150,000 apartment and about €1,800 to €4,500 on a €700,000 apartment, or about $348 to $870 and $2,088 to $5,220.
What's the yearly building maintenance cost in Tivat?
A typical yearly building maintenance reserve for an apartment in Tivat is about €900 to €1,800, or about $1,044 to $2,088, for a normal two-bedroom outside the luxury marina segment.
The realistic yearly maintenance range in Tivat is about €400 to €800 for a small studio, €600 to €1,200 for a one-bedroom, €900 to €1,800 for a two-bedroom and €2,000 to €5,000 or more for premium sea-air exposed units.
Building maintenance in Tivat usually covers small repairs, air-conditioning servicing, shutters, balcony metalwork, waterproofing, appliance replacement and extra wear from humidity and sea air.
These maintenance costs are separate from HOA fees in a careful budget, because HOA covers shared building services while maintenance reserves cover the apartment owner’s own future repairs.
How much does home insurance cost in Tivat?
A typical annual home insurance cost for a normal apartment in Tivat is about €250 to €500, or about $290 to $580, depending on value, contents and rental use.
The realistic annual insurance range in Tivat is about €100 to €180 for a small basic apartment, €220 to €450 for a two-bedroom and €700 to €1,500 or more for a high-value marina apartment.
Home insurance is usually optional for cash buyers in Tivat, but a lender can require insurance if the apartment is financed with a mortgage.
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What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Tivat, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why we trust it | How we used it |
|---|---|---|
| MONSTAT, Q1 2026 new-build dwelling prices | It is Montenegro’s official statistics office. | We used it as the official new-build price anchor. We did not treat it as Tivat resale data. |
| MONSTAT, Q4 2025 new-build dwelling prices | It gives the previous official benchmark. | We used it to check whether Q1 2026 prices were unusual. We compared the coastal region with Tivat asking prices. |
| MONSTAT methodology page | It explains what the official series measures. | We used it to avoid mixing new-build contracts with resale listings. We kept the method clear for readers. |
| Central Bank of Montenegro, interest-rate statistics | It is the official banking statistics source. | We used it for mortgage-rate context. We then adjusted the financing discussion for foreign-buyer risk. |
| TheGlobalEconomy.com, Montenegro mortgage rate | It gives a simple mortgage-rate series. | We used it as a secondary check on mortgage affordability. We did not use it instead of CBCG. |
| KPMG Montenegro tax alert | It summarizes official tax changes clearly. | We used it for the progressive transfer-tax bands. We applied those bands to common Tivat budgets. |
| Perfectum, real estate transfer tax guide | It explains the transfer-tax formula in plain language. | We used it to cross-check the 3%, 5% and 6% bands. We kept the buyer examples simple. |
| Government of Montenegro, VAT law | It is a government legal source. | We used it to separate new-build VAT from resale transfer tax. We assumed VAT is usually embedded unless stated otherwise. |
| Global Property Guide, Montenegro taxes and costs | It is a recognized international property data provider. | We used it to cross-check annual ownership-tax ranges. We adjusted the result for Tivat’s coastal premium. |
| Estitor, apartments for sale in Tivat | It has a large live Tivat listing base. | We used it for June 2026 asking-price checks. We discounted listings because asking prices are not final sale prices. |
| Estitor, new-construction apartments in Tivat | It shows current developer and new-build supply. | We used it to estimate the new-build premium. We compared it with MONSTAT’s official coastal benchmark. |
| Estitor, Donja Lastva apartments | It gives neighborhood-level evidence. | We used it to compare Donja Lastva with central Tivat. We treated the data as asking-price evidence. |
| Montenegro Estates, Montenegro property prices 2026 | It gives live market price ranges. | We used it to cross-check city-level Tivat prices. We did not use it as an official transaction index. |
| Montenegro Estates, Tivat market guide | It is a local real estate source. | We used it for neighborhood texture and luxury bands. We compared its ranges with listing portals. |
| Numbeo, Tivat cost of living | It gives recent local cost checks. | We used it for utilities and affordability checks. We treated it carefully because it is crowd-sourced. |
| Eurostat, electricity price statistics | It is the official European statistics source. | We used it to sanity-check electricity-cost levels. We then turned that into a simple monthly budget. |
| EPCG | It is Montenegro’s main electricity company. | We used it as a local electricity reference. We kept the final utility numbers practical for apartment owners. |
| Investropa, Tivat apartment price update | It provides Tivat-specific buyer estimates. | We used it as a secondary market check. We compared its figures with our own source stack. |
| Investropa, Tivat taxes and fees | It focuses on buyer costs in Tivat. | We used it to cross-check closing-cost examples. We kept official tax sources as the main legal anchor. |
| Investropa, Tivat price forecasts | It tracks Tivat price momentum. | We used it only as a market-trend check. We treated neighborhood growth figures as estimates, not official data. |
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