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Flat 58 м² in Budva, Montenegro

296 794 $

5 117 $ /м²

4OdEB
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Area

58 м2

Bedrooms

1

Bathrooms

1

Apartment in Budva. City - Budva

The location of this complex was carefully chosen to provide the owners with a double benefit: on the one hand it is a quiet and peaceful residential area, and on the other hand it is the very center - within walking distance from the developed infrastructure.In this complex only the best materials are used: in the bathroom - the famous brand Geberit in combination with elegant faucets HansGrohe and drains line ACO, in the rooms quality furniture from well-known European brands. In the complex will be very cozy pool with a recreation area. All apartments are delivered with finishing and fully furnished.Completion of the complex is scheduled for June/July 2024.✔️ Floors: 4. Total 28 apartments and 30 parking spaces in the underground garage.✔️ Size of apartments: from 25,86m² to 117,43m²✔️ Structure of apartments: 1 or 2 bedrooms, open plan living room, kitchen with dining area, laundry room, 1 or 2 bathrooms. All apartments have access to a terrace.✔️ Year-round heated swimming pool, architecturally designed garden and relaxation areas.✔️ Attentive service of the house management company. You can rent out your property and benefit from a secure and high yielding investment.✔️ Full security - 24/7 video surveillance throughout the property. Infrastructure - all close to the house.All apartments are fully furnished to high modern standards, in natural colors, with lots of natural light, in the finishing used natural materials. Apartments

Services and facilities

Furniture
Pool
Garage/parking
Heating system

Additional details

Property type

Residential Properties

Object type

Flat

Price

296 794 $

Land area

0

Characteristics

Furniture
Pool
Garage/parking
Heating system

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 (296 794 $) 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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