Property Abroad

Montenegro

Budva

Flat

Flat 61 м² in Budva, Montenegro

127 892 $

2 096 $ /м²

4Of3T

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #1

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #2

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #3

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #4

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #5

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #6

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #7

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #8

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #9

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #10

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #11

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #12

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #13

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #14

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #15

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #16

Flat 61m² in Montenegro, Budva. Priced at 108000€ rent photo- #17

Area

61 м²

Bedrooms

Apartment in Budva. City - Budva

Description

For sale cozy one bedroom apartment in Budva, Lazi area

Location : Lazi district, Budva – a quiet and comfortable area with developed infrastructure.

About the apartment :

Area : 61 m² with the possibility of redevelopment – you can build another room.
Floor : 1st in a low-rise building, which provides convenience and comfort.
Layout :
- Spacious living room.
- Cozy bedroom.
- Kitchen equipped with all necessary appliances.
- Modern bathroom.

Advantages :

The apartment is fully furnished and equipped with appliances.
View of the sea (on the left side) and mountains – enjoy nature.
Dry, warm apartment in a building built in 2013.
Parking near the house is convenient for residents.

Rental Income :
The apartment is rented until 01.02.2025. Current tenants pay 550 euros/month + utilities , which makes this purchase a profitable investment.

Price : 108,000 € – a reasonable offer for comfortable living or profitable investment.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

127 892 $

Characteristics

Sea View

Mountain 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 (127 892 $) 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).