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Flat 64 м² in Budva, Montenegro

245 613 $

3 837 $ /м²

4Odsk
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Area

64 м2

Bedrooms

2

Bathrooms

2

Year of construction

2023

Two bedroom apartment in the center

The apartment is located in a new building built in 2023 in the center of Budva, 500 meters from the sea

Area 64 m2, sixth floor (there are 2 elevators in the building)

Layout - kitchen-living room, 2 bedrooms, 2 bathrooms, terrace

Apartment with a modern design and good furniture, ready for occupancy

An excellent option for both permanent residence and for renting out

Can be purchased with a garage for 25,000 euros

Services and facilities

Lift
Furniture
Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

245 613 $

Characteristics

Lift
Furniture
Garage/parking

Distance to key points, m

To sea 500

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 (245 613 $) 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).

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