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Flat 84 м² in Budva, Montenegro

561 497 $

6 684 $ /м²

4OdCh
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Area

84 м2

Bedrooms

1

Bathrooms

1

Apartment in Budva. City - Budva

A chic twelve-storey condo-hotel will be located in the very epicenter of tourist Budva, on the seafront.The hotel will have 88 rooms and 66 luxury apartments will be for sale.Almost all hotel rooms and apartments will have open sea views. Private luxurious planted terraces with swimming pool will create natural shade and give positive emotions and harmony.The hotel will have two entrances: one from the street side and the other from the seafront. On the first floors of the building: offices, stores and service centers, two restaurants and cafeteria overlooking the sea and the seafront, spa center with swimming pools and gym, conference hall with a separate covered entrance. A green oasis will be located on the roof of the conference hall. The evaporation of moisture by plants will create a comfortable atmosphere and reduce hot summer temperatures and this roof garden will hopefully become a popular vacation spot for guests and owners. A room for room service is provided on each floor.On the top floor, for the true connoisseurs of relaxation, dizzying penthouses with green terraces, hot tubs and stunning sea views.The hotel grounds will be abundantly landscaped with perennials, shrubs and fruit trees. Seasonal flowering plants will provide visual variety throughout the year and create a comfortable micro-climate. The perimeter of the building is equipped with comfortable wide paths and recreation areas. On the lower levels of the building there are technical rooms and parking for 160 spaces.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

561 497 $

Land area

0

Characteristics

Pool

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 (561 497 $) 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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