Property Abroad

Montenegro

Budva

Flat

Flat 87 м² in Budva, Montenegro

314 462 $

3 614 $ /м²

4Offn

Flat 87m² in Montenegro, Budva. Priced at 275000€ rent photo- #1

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Area

87 м²

Bedrooms

Apartment in Budva. City - Budva

Apartment with 2 bedrooms, located in the center of Budva. The apartment is situated 200 meters from the sea. It has a very good location, with nearby banks, supermarkets, a market, a shopping center, a promenade with cafes and restaurants, and a beach. The apartment has undergone a major renovation and is very bright and spacious. It offers panoramic views on two sides (towards the city of Budva and the sea). Each room is equipped with air conditioning. Area: 87 m2. Floor: top - attic (the building has an elevator). Apartment layout: - hallway, - living room with kitchen and dining areas, - 2 bedrooms, - bathroom, - large glazed terrace. The apartment is sold unfurnished and is ready for immediate occupancy. It is a great option for living in the center of the tourist capital of Montenegro, for a summer holiday by the sea, or for rental. The price of the property is 275,000 euros.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

314 462 $

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 (314 462 $) 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).