Flat 42 м² in Budva, Montenegro

198 554 $

4 727 $ /м²

4OdyE

Flat 42m² in Montenegro, Budva. Priced at 167550€ rent photo- #1

Flat 42m² in Montenegro, Budva. Priced at 167550€ rent photo- #2

Flat 42m² in Montenegro, Budva. Priced at 167550€ rent photo- #3

Flat 42m² in Montenegro, Budva. Priced at 167550€ rent photo- #4

Flat 42m² in Montenegro, Budva. Priced at 167550€ rent photo- #5

Area

42 м²

Bedrooms

Apartment in Budva. City - Budva

Description

Apartments in the very center - cost 167'550 - 525'500 euros
Object number - 6063

Description of the object:
The apartments are located in a building under construction 200 meters from the sea below the Adriatic highway
Excellent location - 5 minutes to the beach and to the Old Town, with a quiet street, all infrastructure nearby
Modern materials are used in construction
The building has a 2-level garage with 23 parking spaces
Elevator
32 apartments of various layouts ranging from 42 m2 to 106 m2
Completion of construction is scheduled for the end of 2024
Possibility of installments until completion of construction

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

198 554 $

Characteristics

Sea 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 (198 554 $) 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).