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Flat 54 м² in Budva, Montenegro

198 376 $

3 673 $ /м²

4OTwI
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Area

54 м2

Apartment in Budva. City - Budva

Modern 1 bedroom apartment in a new house with elevator. The house is located in the center of Budva in close proximity to TQplaza shopping center, central market, popular restaurants and cafes. The house is of high quality construction and finishing. Video surveillance Structure of the apartment Area - 54m2 Floor - 4'.

Services and facilities

Pool
Garage/parking
Balcony or terrace
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

198 376 $

Condition

Furnished

Characteristics

Pool
Garage/parking
Balcony or terrace
Lift
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 (198 376 $) 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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