Property Abroad

Montenegro

Budva

Flat

Flat 69 м² in Budva, Montenegro

584 793 $

8 475 $ /м²

4OU0m

Flat 69m² in Montenegro, Budva. Priced at 509980€ rent photo- #1

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Area

69 м²

Bedrooms

Apartment in Budva. City - Budva

For sale apartments in a new building, in the very center of Budva. New investment project. Residential eight-storey complex. Distance to the sea 150 meters. Apartments, the area from 29 to 161 square meters, cost per square meter - from 3300 to 3900 euros.

Services and facilities

Pool

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

584 793 $

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 (584 793 $) 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).