Flat 31 м² in Budva, Montenegro

71 118 $

2 294 $ /м²

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Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #1

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #2

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #3

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #4

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #5

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #6

Flat 31m² in Montenegro, Budva. Priced at 59000€ rent photo- #7

Area

31 м²

Bedrooms

Apartment in Budva. City - Budva

Area 31 sq.m., basement floor. Great location, the house is located near Okov, Cungu. ▫️ Convenient area to live in. ▫️ Developed infrastructure, absolutely everything nearby: shops, bakeries, restaurants, pharmacies, bus station, Health Center. Apartment structure: ▪️ 1 bedroom ▪️ living room with kitchen ▪️ bathroom with shower. The sea is within walking distance, 10 minutes on foot. The apartment is in good condition, minor cosmetic repairs are required.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

71 118 $

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 (71 118 $) 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).