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Flat 86 м² in Budva, Montenegro

327 485 $

3 807 $ /м²

4OUCP
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Area

86 м2

Bedrooms

3

Apartment in the strict center of Budva, next to the Old Town

Apartment in Budva, austere center, next to the city cemetery. 3 minutes walk to the Old Town, as well as to the sea and the marina.
The area is 86 sqm. Three bedrooms, two terraces, two bathrooms. Third floor. Price 280.000 euros

Services and facilities

Air conditioner
Furniture
Household appliances
Balcony or terrace

Additional details

Property type

Residential Properties

Number of rooms

4

Publication

From the Agency

Object type

Flat

Price

327 485 $

Condition

In Good Condition

Location

Downtown

Characteristics

Air conditioner
Furniture
Household appliances
Balcony or terrace

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Budva; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Budva short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (327 485 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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