Area
52 м2
Bedrooms
1
Apartment in Budva. City - Budva
Description
The new complex is located in the Komoshevina area, above the Old Town
Quiet area close to developed infrastructure and beautiful sea views
The complex will have 2 luxury villas and an apartment building
For sale 4 apartments with 1 bedroom with the possibility of redevelopment into an apartment with 2 bedrooms
First high floor 52. 05 m²
The complex offers complete comfort and fantastic views of the sea and horizon, as well as an infinity pool.
Distance from the sea 300 m by air.
The price of a parking space (15 m²) is 20,000 €.
Completion of construction is scheduled for the end of 2023.
An excellent investment for both rental and permanent residence
Installment plan until completion of construction.
Additional details
Property type
Residential Properties
Number of rooms
1
Floor
2
Object type
Flat
Price
222 633 $
Characteristics
Sea View
Infrastructure
Open pool
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 (222 633 $) 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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Liliya
International Real Estate Consultant