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Flat 121 м² in Budva, Montenegro

527 843 $

4 362 $ /м²

4Odur
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Area

121 м2

Bedrooms

3

Apartment in Budva. City - Budva

Spacious, very bright two-bedroom apartment in a new, modern building in the very center of Budva, on the second line from the sea and the promenade. Thanks to panoramic glazing in the living room, the apartment is filled with light. Thoughtful layout. The apartment includes a spacious living room with a dining area, a separate kitchen, two spacious bedrooms, two bathrooms, and a large terrace. There is the possibility of purchasing a large fully isolated garage space in the underground garage of the house for a price of 35,000 euros. The house is built from quality materials in accordance with European construction standards. The house is equipped with all modern engineering systems that provide maximum comfort and safety. Management company services are only 30 cents/m2 per month! The house consists of nine floors. The first floor is reserved for commercial premises. The house has an elevator and an underground garage. The house is located just 100 m from the sea and the promenade, 500 m from the Old Town of Budva. Within walking distance, there are shops, restaurants, a shopping center, banks, a post office, a pharmacy, and a grocery market. The city of Budva, being a tourist center, is attractive not only in the summer season but also all year round. Currently, more and more buyers prefer this city with its developed infrastructure for living and recreation.

Additional details

Property type

Residential Properties

Object type

Flat

Price

527 843 $

Characteristics

Sea View

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 (527 843 $) 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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