Property Abroad

Montenegro

Budva

Flat

Flat 77 м² in Budva, Montenegro

407 940 $

5 297 $ /м²

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Flat 77m² in Montenegro, Budva. Priced at 349000€ rent photo- #1

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Area

77 м²

Bedrooms

Apartment in Budva. City - Budva

An exclusive three-room apartment in the "Tre Canne" building in Budva represents a luxurious residence on the eleventh floor. The fully furnished apartment covers an area of 77 sq.m. and includes two bedrooms, an open living room with a dining area, a separate kitchen, one bathroom, and a terrace with a direct sea view. The "Tre Canne" building is one of the most prestigious in Budva, thanks to its location in the very center of the city and stunning views.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

407 940 $

Characteristics

Sea View

Infrastructure

Open pool

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 (407 940 $) 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).