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Flat 37 м² in Budva, Montenegro

94 131 $

2 544 $ /м²

4Ocpi
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Area

37 м2

Bedrooms

1

Bathrooms

1

Year of construction

2001

Newly renovated apartment in the center of Budva

Apartment with new major repairs of 37m2 in the basement.


Structure: kitchen with living room, bedroom, bathroom and terrace

The apartment is fully furnished and equipped with necessary household appliances.


There is a parking

Location:

Budva, Rozino area, Mainski Put (next to the Garden cafe). All social infrastructure is within walking distance. The beach is 20 minutes walk away. The nearest airport Tivat is 20 minutes by car.


Features of the apartment:


Apartment with high rental potential. There is a proven management company for organizing the rental of the apartment.

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

94 131 $

Characteristics

Garage/parking

Distance to key points, m

To sea 1000

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 (94 131 $) 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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