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Flat 48 м² in Budva, Montenegro

309 941 $

6 457 $ /м²

4OdFj
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Area

48 м2

Bedrooms

1

Bathrooms

1

Apartment in Budva. City - Budva

We offer for sale a 1 bedroom apartment in a luxury residential complex “Fontana Centar”, which is located just 80 meters from the beach and 400 meters from the old town. This object is perfect for both permanent residence/summer vacation and as an investment - apartments in this complex are in excellent demand for short-term rentals.The apartment consists of:- Bedroom,- Bathroom,- Living room with kitchen and dining area,- Terrace with mountain views.At the moment the complex consists of 4 objects connected by underground garages, built in accordance with the latest quality standards (walls of common areas are made of travertine stone, first-class ceramics “Porcelanos”, first-class parquet “Tarkett”, joinery made of solid wood, windows “Raico” made of wood and aluminum, lighting “Bright”, Italian entrance and interior doors “BRAGA”.Location: BudvaApartment area: 48 sq.m.No. of bedrooms: 1Number of bathrooms: 1

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

309 941 $

Land area

0

Characteristics

Garage/parking

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 (309 941 $) 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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