Main Countries Buy Rent

House 221 м² in Budva, Montenegro

485 867 $

2 198 $ /м²

4OdG8
Share:

Area

221 м2

Bedrooms

9

Bathrooms

5

Other attractions in Budva. City - Budva

Excellent investment - a large, three-storey house in a quiet area of Budva, 10-15 minutes walk to the center and the Old Town (1.5 km). The apartments can be rented out or remodeled and used for your own residence.In walking distance there is all the necessary infrastructure.The house was built in 2003, all city communications - water, electricity, sewerage.Location: BudvaHouse area: 221 m2Plot area: 380 m2No. of bedrooms: 9Number of bathrooms: 5

Additional details

Property type

Residential Properties

Object type

House

Price

485 867 $

Land area

380

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 (485 867 $) 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).

Related sections