Flat 66 м² in Budva, Montenegro

172 515 $

2 613 $ /м²

4OdIW

Flat 66m² in Montenegro, Budva. Priced at 155000€ rent photo- #1

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Area

66 м²

Bedrooms

Bathrooms

Apartment in Budva. City - Budva

Spacious, bright apartment with 2 bedrooms on Veli Vinograd street, Budva. In walking distance there is all necessary infrastructure - stores, cafes, bakery; the Old Town can be reached on foot in 20 minutes.The apartment is located on the 2nd, last floor (2 sprat). The apartment has high ceilings and is very spacious. The roof has been recently restored and waterproofed.The apartment consists of 2 bedrooms, spacious living room, kitchen with dining area and 2 terraces. The apartment has its own parking place.Price of the apartment without furniture: 155,000Price with furniture: 167,000

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

172 515 $

Land area

Characteristics

Furniture

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 (172 515 $) 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).