Property Abroad

Montenegro

Budva

Flat

Flat 64 м² in Budva, Montenegro

343 050 $

5 360 $ /м²

4Oclu

Flat 64m² in Montenegro, Budva. Priced at 300000€ rent photo- #1

Flat 64m² in Montenegro, Budva. Priced at 300000€ rent photo- #2

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Area

64 м²

Bedrooms

Bathrooms

Year of construction

2014

Apartments in Tre Canne complex

The apartments are located in the hotel complex Tre Canne in the center of Budva, 50 meters from the beach

The complex includes an underground garage, reception and management company, restaurant, SPA center, shops, bank

Modern building built using high-quality materials

For sale

9th floor, apartment of 64 m2 with a view of the city and mountains (kitchen-living room, bedroom, bathroom with shower, terrace) - 300,000 euros

12th floor, apartment of 104 m2 with a sea view (kitchen-living room, 2 bedrooms, bathroom with shower, terrace with a sea view) - 560,000 euros

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

343 050 $

Characteristics

Garage/parking

Distance to key points, m

To sea 50

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 (343 050 $) 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).