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Flat 61 м² in Budva, Montenegro

308 440 $

5 056 $ /м²

4Oj26
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Area

61 м2

Bedrooms

1

Apartment in Budva. City - Budva

Stylish spacious apartment of 61 m2 is located in one of the most popular areas of Budva - the area of the hotel Slavia, on the Adriatic highway, just a few minutes walk from the sea.
The property is located on the 2nd floor of a modern residential building and is an ideal option for those who want to buy an apartment in Budva in Montenegro both for comfortable permanent residence and for profitable rental in the tourist season.
The apartment is made in a modern style, has a convenient layout and an advantageous location near shops, cafes, walking areas and the beach, which makes it an attractive offer in the Budva real estate market.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

2

Object type

Flat

Price

308 440 $

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 (308 440 $) 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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