Flat 137 м² in Budva, Montenegro

1 592 382 $

11 623 $ /м²

4OVS7

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #1

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #2

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #3

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #4

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #5

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #6

Area

137 м²

Bedrooms

Bathrooms

Luxury apartment for sale in Budva, Montenegro.

Area: 137 sqm (115 sqm + 22 sqm terraces) Bedrooms: 3 Bathrooms: 2+1 Underground garage space Luxury, three-bedroom designer penthouse of 137 sqm in the award-winning Royal Gardens building in Budva. The penthouse consists of a spacious living room with dining area and kitchen, three bedrooms, two bathrooms, guest toilet, utility/laundry room and three terraces. The largest terrace in the apartment is equipped with a Jacuzzi. The apartment is furnished with carefully selected pieces of furniture such as Molteni, Porada, Flos.... The price includes one underground garage space. The Royal Gardens building is within walking distance to the Old Town and Budva marina. Numerous beaches, restaurants and stores are in close proximity to the building.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 592 382 $

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 (1 592 382 $) 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).