Area
61 м2
Bedrooms
2
Apartment in Budva. The city is Bečići.
Description
Waterfall Residence is a residential building with apartments for sale. The building design includes a ground floor and six floors. The building is located in Becici, 300 meters from the sea. Completion of work is scheduled in 18 months.The starting price is 2550 euros/sq.m and varies depending on the location of the apartment, as well as the floor on which the apartment is located. The price of a garage space is from 15,000 to 25,000 euros.Parking on level -1, standard size 15,000 euros, wide size 20,000 eurosParking on level 0, standard size €20,000, wide size €25,000The complex is in the process of performing rough work and finishing the 1st and 0th levels of parking. In early May, work is carried out on the first and second floors. No. 18 61.20 m2 2 bedrooms - 152,500 euros
Additional details
Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
178 880 $
FAQ
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Becici; 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 Becici 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 (178 880 $) 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 Becici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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Liliya
International Real Estate Consultant