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House 179 м² in Budva, Montenegro

409 356 $

2 286 $ /м²

4OTnD
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Area

179 м2

Bedrooms

4

Bathrooms

5

A 4 bedroom house for sale in the town of Budva in the region of Budva, Montenegro.

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 converted into a sauna or Turkish bath. On the second floor there are two spacious rooms, one of which has a fireplace. The second floor also has a small kitchen, a bathroom and a toilet. On the third floor there are two studios with a bathroom and a small kitchen. Each room has a terrace with sea views. The house has a spacious plot of land where you can build a swimming pool. Next to this house is also for sale another one, well furnished and with a swimming pool. Its price is 420,000 euros and they can be bought together or separately. The house is an excellent investment opportunity due to its high potential for tourist purposes. It is located on the beautiful Budva Riviera in a quiet, private location near Montenegro's landmark Sveti Stefan. Nearby are clean beaches with bars and services. The famous Sveti Stefan, Old Town Budva, old marina and fish restaurants are 5-15 minutes away by car. Porto Montenegro and UNESCO-protected Kotor are an hour and a half by car. Two airports, in Tivat and Podgorica, are 50 minutes away by car. Ski resorts are only 2 hours away by car. 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 has good air, road and rail connections to the rest of Europe. Montenegro is developing into a stable democratic jurisdiction with a rapidly growing economy. Montenegro is a member of NATO and a candidate for EU membership. Montenegro has become a favorite base for IT professionals, highly skilled foreigners and the self-employed. For others, Montenegro remains the perfect destination for their favorite summer homes. Living in Montenegro means 250 days of sunshine a year, beautiful nature with UNESCO protection, excellent climate, clean environment, low taxes, unique lifestyle, location in the center of Europe and use of the EURO currency.

Additional details

Property type

All Types

Object type

House

Price

409 356 $

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 (409 356 $) 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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