Flat 63 м² in Budva, Montenegro

313 664 $

4 978 $ /м²

4OVZV

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #1

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #2

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #3

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #4

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #5

Flat 63m² in Montenegro, Budva. Priced at 275000€ rent photo- #6

Area

63 м²

Bedrooms

Bathrooms

Luxury apartment in Budva

The apartment has an open plan living room with kitchen and dining area, one bedroom, a bathroom and a spacious terrace overlooking the sea and the Old Town of Budva. The apartment is located in an exquisite residential complex in Budva, built in 2022, consisting of three small buildings that also offer one, two and three bedroom apartments and penthouses. The apartments are located 350 meters away from the Old Town of Budva and the sea. The amazing location provides privacy to the residents of the complex, and at the same time, it is close to the center of Budva and provides amazing views of the sea, the entire Budva Bay and the 2.5 thousand year old Old Town of Budva. On the territory of the residential complex you will find a swimming pool with bar, playground, gym, sauna, reception and parking for residents and guests. The apartment is a great investment opportunity due to the investment potential. You can stay in it during your vacation and enjoy all that Budva and Montenegro have to offer, and during your absence in Montenegro you can rent it out to tourists and make a profit from the investment. All this can be organized for you by the management of the residence or by an agency. ‍ Budva is a city on the Adriatic coast, which is also called the queen of the Mediterranean. It is the tourist capital of Montenegro and a center of business, culture and entertainment. Budva is a cosmopolitan city that attracts many foreigners who live here all year round. It is the center of real estate and tourist business, bringing the largest income to the state budget of Montenegro. Traditions and modernity

Additional details

Property type

Residential Properties

Object type

Flat

Price

313 664 $

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 (313 664 $) 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).