Flat 149 м² in Budva, Montenegro

611 711 $

4 105 $ /м²

4OWYP

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #1

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #2

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #3

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #4

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #5

Flat 149m² in Montenegro, Budva. Priced at 521500€ rent photo- #6

Area

149 м²

Bedrooms

Bathrooms

Luxury Apartments with 3 bedrooms in Budva

Modern high quality apartments on the first line, Rafailovici Spacious apartments in Rafailovici with fantastic sea views. First floor: 165 m2, €434 000 Main features: Marrazzi Villeroy&Boch, Grohe and Geberit ceramics in bathrooms Central air conditioning Mitsubishi CCTV Double glazing and Schuko door frames Ventilated facade of the building Parquet Fundermaxa Elevator of the latest generation "Schindler". The area of the building is under video surveillance, control panels are in each apartment. Garage

Additional details

Property type

Residential Properties

Object type

Flat

Price

611 711 $

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 (611 711 $) 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).