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Flat 61 м² in Budva, Montenegro

160 897 $

2 637 $ /м²

4Offh
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Area

61 м2

Bedrooms

1

Apartment in Budva. City - Budva

Apartment for sale from the owner in Budva, Lazi district. Total area 61m2, with one bedroom. Sold partly with furniture and appliances. Kitchen and bathroom fully equipped. Located on the 2nd floor of a small apartment building. The house was built in 2013. The house and apartment have no restrictions or encumbrances. A slight uphill climb. 900 meters walk to the sea. View of the sea and the old town of Budva. Restaurants and shops within walking distance.

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

160 897 $

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 (160 897 $) 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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