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Flat 34 м² in Budva, Montenegro

140 667 $

4 137 $ /м²

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Area

34 м2

Bedrooms

1

Bathrooms

1

Year of construction

1998

Apartment in Podkoshlyun with a large terrace

Interesting apartment with a spacious terrace is located in the Podkoshlyun area 1 km from the beach
Area 54 m2 actual, according to documents 34 m2 (features of registration, which allows you to reduce the annual tax)
The apartment is located on the fourth floor in a building without an elevator
The building was built in 1998, the apartment after major repairs



The structure of the apartment:

corridor

Kitchen and living room

Bedroom.

Bathroom

Spacious terrace (20 m2)



Advantages:

High ceilings reaching over 3.2 m at the highest point, about 2.0 m on the terrace

Windows 1.7 m high - the apartment is bright

On the terrace you can cook, there is a table with 4 chairs and a swing, ideal for cooking, socializing and relaxing.

Parking in front of the building

In summer it is not hot - thanks to a thick concrete slab, thermal insulation and shingles.

The apartment is completely renovated - everything is new and ready to move in.





In summer, apartments are rented for 80 euros per night and are very popular.



Flexible payment methods

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

140 667 $

Characteristics

Lift

Distance to key points, m

To sea 1000

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 (140 667 $) 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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