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Flat 61 м² in Budva, Montenegro

122 633 $

2 010 $ /м²

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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

1

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

1

Floor

1

Object type

Flat

Price

122 633 $

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 (122 633 $) 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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