Property Abroad

Montenegro

Budva

Flat

Flat 124 м² in Budva, Montenegro

1 407 582 $

11 351 $ /м²

4Ocmz

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #1

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #2

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #3

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #4

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #5

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #6

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #7

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #8

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #9

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #10

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #11

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #12

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #13

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #14

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #15

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #16

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #17

Flat 124m² in Montenegro, Budva. Priced at 1200000€ rent photo- #18

Area

124 м²

Bedrooms

Bathrooms

Year of construction

2024

Three bedroom penthouse with stunning sea view

Penthouse located in the Royal Hill complex, Komosevina district, Budva

Gorgeous sea view that will not be blocked

Construction of the complex will be completed in mid-2024

The complex includes a SPA center, gym, swimming pool, underground garage, management company

Apartment area 124 m2 + roof terrace 150 m2, where you can install a jacuzzi, barbecue area and equip a relaxation area

Layout - kitchen-living room, 3 bedrooms, 2 bathrooms, 2 terraces on the apartment level

An excellent option for a luxury holidays, rental, accommodation

Services and facilities

Pool

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 407 582 $

Characteristics

Pool

Garage/parking

Distance to key points, m

To sea 1500

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 (1 407 582 $) 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).