Property Abroad

Montenegro

Budva

Flat

Flat 100 м² in Budva, Montenegro

203 849 $

2 038 $ /м²

4OdG7

Flat 100m² in Montenegro, Budva. Priced at 175000€ rent photo- #1

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Flat 100m² in Montenegro, Budva. Priced at 175000€ rent photo- #30

Area

100 м²

Bedrooms

Bathrooms

Apartment in Budva. City - Budva

The apartment is in a great location. The center of the city. Developed infrastructure, all in walking distance (stores, cafes, restaurants, school, clinic).The apartment has a major renovation, quality materials, spacious bedrooms.View of the mountains, sea and city. Luxurious terrace of 30 sq.m.The apartment is located on the 4th floor; there is no elevator in the house.Location: Budva, centerApartment area: 100 m2No. of bedrooms: 2No. of bathrooms: 1Price of the apartment with parking: 175,000

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

203 849 $

Land area

Characteristics

Lift

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 (203 849 $) 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).