Flat 70 м² in Budva, Montenegro

525 024 $

7 500 $ /м²

4Ocoh

Flat 70m² in Montenegro, Budva. Priced at 455000€ rent photo- #1

Flat 70m² in Montenegro, Budva. Priced at 455000€ rent photo- #2

Flat 70m² in Montenegro, Budva. Priced at 455000€ rent photo- #3

Flat 70m² in Montenegro, Budva. Priced at 455000€ rent photo- #4

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Area

70 м²

Bedrooms

Bathrooms

Unique apartment in the Old Town

Unique apartment located in the Old Town of Budva, on the first line, overlooking the beach and sea

Area 70m2, second and third floor

The apartment consists of a corridor and a staircase that leads to a spacious kitchen-living room with fireplace, bedroom, bathroom and guest toilet

The apartment has been renovated using modern materials and elements of the highest quality and combines traditional construction with contemporary interior design

The apartment is fully furnished and equipped with appliances, ready to move in

Excellent investment for renting out to tourists

Additional details

Property type

Residential Properties

Object type

Flat

Price

525 024 $

Distance to key points, m

To sea 20

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 (525 024 $) 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).