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House 300 м² in Budva, Montenegro

644 725 $

2 149 $ /м²

4Ocin
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Area

300 м2

Bedrooms

10

House and Buildable Parcel in Budva

House in Budva, located in administrative center of Budva, near municipality, bus station, markets, restaurants, in the Street Mainski Put. Distance from the sea 400 m .
Parcel is 402m2 and house is around 300m in three floors.
On the ground floor there are 6 rooms and 5 bathrooms (ideal for the rent).
1st and 2nd floor are the same by structure, they are 2 bedroom apartments.
There is another small house on the plot which has 2 studio apartments (ideal for rent) and one more building which has storage .
By the Detail Plan of this area it is allowed to build 644m2 on this plot ( extend or rebuild )

Additional details

Property type

Residential Properties

Floor

3

Object type

House

Price

644 725 $

Land area

402

Distance to key points, m

To sea 400

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 (644 725 $) 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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