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Flat 31 м² in Budva, Montenegro

66 273 $

2 137 $ /м²

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Area

31 м2

Bedrooms

1

Bathrooms

1

Year of construction

2020

Apartment with high rental potential


One-room apartment of 31 m2 in the ground floor (basement)

Layout: living room combined with kitchen, bedroom and toilet.


The apartment needs cosmetic repairs.


Location: Budva, the very center. All social infrastructure within walking distance.


City parking.

Distance from the sea is 900 meters.

The nearest airport Tivat - 30 minutes by car.


Features: apartment with high rental potential.

Additional details

Property type

Residential Properties

Object type

Flat

Price

66 273 $

Distance to key points, m

To sea 900

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 (66 273 $) 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).

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