Flat 69 м² in Budva, Montenegro

397 153 $

5 755 $ /м²

4Ocpm

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #1

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #2

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #3

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #4

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #5

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #6

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #7

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #8

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #9

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #10

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #11

Flat 69m² in Montenegro, Budva. Priced at 340000€ rent photo- #12

Area

69 м²

Bedrooms

Bathrooms

Year of construction

2023

Two bedroom apartment in the very center

The apartment is located in a new building in the very center of Budva, a 5-minute walk from the beach

Apartment area 69 m2, 3rd floor (the building has an elevator)

Layout - kitchen-living room, 2 bedrooms, bathroom, toilet, terrace overlooking the courtyard

Fully furnished and equipped with appliances, ready to move in

The building will be equipped with a hotel, which increases the demand for rental

Reception

There will be a lounge area with sun loungers and a jacuzzi on the roof

Nearby there is a large shopping center, shops, restaurants, banks, a school, an embankment, 10 minutes walk to the Old Town

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

397 153 $

Characteristics

Lift

Distance to key points, m

To sea 250

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 (397 153 $) 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).