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House 306 м² in Budva, Montenegro

379 213 $

1 239 $ /м²

4OVS0
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Area

306 м2

Bedrooms

4

Bathrooms

5

Luxury house for sale in Budva

The house has three levels. On the first floor there is a spacious kitchen with dining area, living room, bathroom and a room that can be turned into a sauna or Turkish bath. On the second floor there are two spacious rooms, one of them with a fireplace. There is also a small kitchen, a bathroom and a toilet on the first floor. On the third floor there are two studios with bathrooms and small kitchens. Each room has a terrace with sea view. On the plot of land it is possible to build a swimming pool. Next to this house is also for sale another one, well furnished and with swimming pool. Its price is 370,000 euros and they can be bought together or separately. The house is a great investment opportunity due to its high potential for tourist rentals. Excellent location The house is located on the beautiful Budva Riviera in a quiet private location near the monument of Montenegro - Sveti Stefan. Crystal clear beaches, public and private, with bars and services are nearby. The famous Sveti Stefan, the old town of Budva, the old marina and fish restaurants are 5-15 minutes away by car. Porto Montenegro and UNESCO-protected Kotor are within an hour and a half drive. Two airports, in Tivat and Podgorica, are within 50 minutes by car. Ski resorts are just 2 hours away by car. Why Montenegro Montenegro is a small country in the center of Europe on the Adriatic coast, it borders Italy (across the Adriatic Sea), Albania, Serbia, Bosnia and Herzegovina and Croatia. Montenegro is well connected by air, road and rail to the rest of Europe. Montenegro has become a stable democratic jurisdiction with a rapidly growing economy. Montenegro is a member of NATO and is a candidate for the European Union. Montenegro has become a favorite destination for IT professionals, highly skilled foreigners and the self-employed. For others, Montenegro remains the ideal location for their favorite country homes. Living in Montenegro means enjoying 250 days of sunshine a year beautiful scenic nature protected by UNESCO excellent climate clean ecological environment low standard of living low tax rates unique lifestyle central European location use of Euro currency'.

Additional details

Property type

Residential Properties

Object type

House

Price

379 213 $

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 (379 213 $) 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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