Flat 122 м² in Budva, Montenegro

569 950 $

4 671 $ /м²

4Oe2F

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #1

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #2

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #3

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #4

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #5

Flat 122m² in Montenegro, Budva. Priced at 500000€ rent photo- #6

Area

122 м²

Bedrooms

Apartment in Budva. City - Budva

The penthouse is located in the Gosposhtina area, near the Old Town, just a 2-minute walk from the sea. It has an area of 122 m2 plus a 50 m2 terrace overlooking the sea and the island of Sveti Nikola. The layout includes a spacious kitchen-living room, 2 bedrooms, 2 bathrooms, and a terrace. The apartment is fully furnished and equipped with appliances. A garage is included in the price. This is a great investment.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

569 950 $

Characteristics

Sea View

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 (569 950 $) 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).