Flat 110 м² in Budva, Montenegro

279 565 $

2 541 $ /м²

4Ockp

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #1

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #2

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #3

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #4

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Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #6

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #7

Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #8

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Flat 110m² in Montenegro, Budva. Priced at 240000€ rent photo- #21

Area

110 м²

Bedrooms

Bathrooms

4 apartments in Adok area

The apartments are located in the Adok area, 300 meters from the sea

Flat road to the sea through the park

The apartments are located one above the other from the 1st to the 4th floor

Total area 110 m2, 2 entrances

Fully furnished and equipped with appliances

Excellent option for renting out, possible conversion into a hostel

Additional details

Property type

Residential Properties

Object type

Flat

Price

279 565 $

Distance to key points, m

To sea 300

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 (279 565 $) 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).