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Flat 122 м² in Budva, Montenegro

568 899 $

4 663 $ /м²

4Oe2F
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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

2

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

2

Object type

Flat

Price

568 899 $

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 (568 899 $) 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).

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