Flat 50 м² in Budva, Montenegro

339 673 $

6 793 $ /м²

4OWZc

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #1

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #2

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #3

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #4

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #5

Flat 50m² in Montenegro, Budva. Priced at 285000€ rent photo- #6

Area

50 м²

Bedrooms

Bathrooms

Luxury 1 bedroom apartments for sale in Budva, Montenegro

Luxury apartments for sale in the new residential-commercial complex "Porto Budva" with shopping center and SPA with 2 swimming pools. Structure of the multi-complex: * Shopping center with an area of 8 000 sq.m with boutiques of famous brands, conference hall, restaurants * Two-level underground parking for 400 cars with a total area of 10 000 sq.m * SPA center with a wide range of services - indoor and outdoor swimming pools with an area of 3 500 sq. m each, * Children's playground * 9 residential floors with 300 residential apartments with a total area of 20,000 sq.m. Various variants of apartments: studio of 41 sq.m, 1-bedroom apartments of 44 sq.m, 50 sq.m, 53 sq.m, 60 sq.m, 2-bedroom apartments of 76 sq.m and 85 sq.m, as well as luxury penthouses of 100 sq.m. Universal shopping center with commercial spaces designed for a grocery store (400 sqm), a restaurant (155 sqm) with a 450 sqm terrace on the promenade, a clothing store with a window display, a jewelry store on the central square (110 sqm), etc. All commercial premises are designed in accordance with the requirements for modern commercial space, capable of providing a huge range of services with excellent customer service. Commercial premises have 2 exits - to the Promenade and to the Shopping Center building. The construction of the complex started in 2016 and the completion date is not yet confirmed.

Additional details

Property type

Residential Properties

Object type

Flat

Price

339 673 $

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 (339 673 $) 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).