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House 220 м² in Budva, Montenegro

614 207 $

2 791 $ /м²

4OVS3
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Area

220 м2

Bedrooms

4

Bathrooms

4

8-room luxury house for sale in Budva, Montenegro.

This amazing new project in Montenegro offers 4 townhouses built in one building, with a choice of 3 or 4 bedrooms and classic or modern design. The total area of each townhouse is approximately 220 square meters. It is located in one of the most prestigious areas on the Budva Riviera, on a hill with olive trees, surrounded by nature, overlooking the sea and mountains, just 15 minutes from the urban center of Budva. The sea is only 500 meters away and the nearest beach is 1 km away. The project will be completed by the end of 2023. Infrastructure with a total area of about 220 sqm offers a choice of 3 or 4 bedrooms, on 3 floors plus mezzanine and technical room on level -1, under parking. Parking for two cars, high ceilings of 3 meters, panoramic windows, terraces with sea views 2.5 meters high, multi-split air conditioning, spacious living room, bathrooms in each bedroom, fitted closets, designer kitchen with appliances, private courtyard with swimming pool, secured by green privacy fences. On the FIRST FLOOR there is a built-in closet and guest toilet in the hall, kitchen with dining area, living room with access to the terrace with sea views, parking space next to the entrance. On the SECOND FLOOR there is a master bedroom with en-suite bathroom and dressing room, a second bedroom with en-suite bathroom and built-in closet. Each bedroom has panoramic windows with beautiful sea views. *Under the roof/mezzanine there is the possibility to make another bedroom. ON LEVEL -1 there are 2 layouts to choose from: 1. Family room with kitchenette and one bedroom with en-suite bathroom and fitted closet OR 2. Two bedrooms, each with en-suite bathroom and built-in closet, access to a courtyard with 35 sqm pool and lounge area, technical room with laundry and storage, access to plumbing, boiler and pool equipment. PAYMENT PLAN: BOOKING - 5,000 euros CONTRACT SIGNING - 10% of the contract amount DEVELOPMENT WORK - 30% of the contract amount FINISHING WORK - 30% of the contract amount DEVELOPMENT WORK - 30% of the contract amount USE PERMIT - 30% of the contract amount minus 5,000 euros (for booking) GREAT LOCATION: This project is located on the beautiful Budva Riviera in a quiet and secluded area. Nearby are clean beaches, both public and private, with bars and other amenities. The famous Sveti Stefan, the old town of Budva, the old marina and fish restaurants are a short drive away. Porto Montenegro and Kotor, UNESCO World Heritage Sites, are only an hour and a half drive away. Two airports, in Tivat and Podgorica, are a 50-minute drive away.Ski resorts are located just 2 hours away by car. Montenegro is a small country in the center of Europe, on the Adriatic Sea, bordered by 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 state with a rapidly growing economy. Montenegro is a member of NATO and a candidate for EU membership. Montenegro is becoming the preferred place of residence for IT professionals, highly skilled foreigners and entrepreneurs. For others, Montenegro remains an ideal place for a summer home.

Additional details

Property type

Residential Properties

Object type

House

Price

614 207 $

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 (614 207 $) 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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