Flat 62 м² in Budva, Montenegro

283 040 $

4 565 $ /м²

4Ocn2

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #1

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #2

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #3

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #4

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #5

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #6

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #7

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #8

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #9

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #10

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #11

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #12

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #13

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #14

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #15

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #16

Flat 62m² in Montenegro, Budva. Priced at 242000€ rent photo- #17

Area

62 м²

Bedrooms

Bathrooms

Two bedroom apartment in the very center

The apartment is located in the very center of Budva, on the main street with a shopping center, cafes and restaurants, just a few minutes walk from the Old Town and the central beach.

Area 62 m2, layout - two bedrooms, hallway, bathroom, kitchen, dining room, living room, terrace, storage room.

The apartment is located on the 3rd floor (no elevator).

The apartment is fully furnished and equipped with appliances

An excellent and rare opportunity for a rental business.

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

283 040 $

Characteristics

Lift

Distance to key points, m

To sea 150

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 (283 040 $) 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).