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Flat 38 м² in Budva, Montenegro

158 352 $

4 167 $ /м²

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Area

38 м2

Bedrooms

1

Apartment in Budva. City - Budva

description

For sale 1-bedroom apartment on Maslina Street 1, near the city center

The apartment is only 5 minutes walk from the city center and 10 minutes walk from the sea. It has a picturesque view of the mountains and a quiet courtyard.

Main features:

Size: 38 sq.m.

Location: 2nd floor in a new building with elevator.

Fully furnished with Eura Casa furniture.

Fitted kitchen with modern appliances

Heat floor in kitchen and bathroom for maximum comfort

Benefits:

The apartment has hardly been lived in, so it is in excellent condition.

Fully ready for sale, all documents are clean.

The building is located on level ground, no steep rises.

Quiet courtyard, many grocery stores, kindergarten and school in walking distance.

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Additional details

Property type

Residential Properties

Number of rooms

1

Floor

2

Object type

Flat

Price

158 352 $

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 (158 352 $) 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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