Flat 98 м² in Budva, Montenegro

490 833 $

5 008 $ /м²

4Oa1o

Flat 98m² in Montenegro, Budva. Priced at 441000€ rent photo- #1

Flat 98m² in Montenegro, Budva. Priced at 441000€ rent photo- #2

Flat 98m² in Montenegro, Budva. Priced at 441000€ rent photo- #3

Flat 98m² in Montenegro, Budva. Priced at 441000€ rent photo- #4

Flat 98m² in Montenegro, Budva. Priced at 441000€ rent photo- #5

Area

98 м²

Bedrooms

Bathrooms

Luxurious two-bedroom duplex, Old Town Budva

Spacious duplex with two bedrooms measuring 98 sqm located on the second floor of a new modern residential building. The apartment has two levels, the lower level being 48 sqm and the upper level 50 sqm. It consists of a spacious open plan living room with kitchen and dining area, two bedrooms, two bathrooms, and a beautiful balcony. The apartment is located in the Old Town of Budva and approximately 100 meters away from the beach. Due to its perfect location, the residence is in the center of cultural events and just a few steps away from the beach and main promenade. Interior works are not completed but are included in the price. A parking space in the garage is included in the price. For detailed information and to schedule a personal viewing, please contact our real estate consultants at info@residomontenegro.com.

Services and facilities

Garage/parking

Lift

Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

490 833 $

Characteristics

Garage/parking

Lift

Air conditioner

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 (490 833 $) 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).