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Flat 42 м² in Budva, Montenegro

131 101 $

3 121 $ /м²

4Odsl
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Area

42 м2

Bedrooms

1

Bathrooms

1

One bedroom apartment in Lazi URGENT SALE!

The apartment is located in a very high-quality building just 15 minutes walk from the beach and the center of Budva in Lazi

Located in a quiet area overlooking the park, while nearby (100 m) there are markets, restaurants and cafes.


Area 42 m2, second floor, 2 elevators in the building

Layout - hall, living room with open kitchen, bedroom, bathroom with heated floors and a terrace.

The apartment is fully furnished and ready for occupancy and renting out.

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

131 101 $

Characteristics

Lift

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 (131 101 $) 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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