Flat 51 м² in Budva, Montenegro

273 576 $

5 364 $ /м²

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Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #1

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #2

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #3

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #4

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #5

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #6

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #7

Flat 51m² in Montenegro, Budva. Priced at 240000€ rent photo- #8

Area

51 м²

Bedrooms

Apartment in Budva. City - Budva

Cozy 1-bedroom apartment in Budva, on the first coastline with sea views in an apart-hotel. High view floor. Apartment area - 51 m2. The apartment consists of a corridor, living room with kitchen, bedroom, bathroom, and balcony. Beautiful view of the mountains, the old town of Budva, and the sea. The distance to the beach is only 3 minutes on foot! Excellent location in the center of Budva, next to the embankment on the first coastline. All necessary infrastructure is within walking distance. The apartment is sold furnished and equipped with appliances. An excellent offer, both for permanent comfortable living and for renting out. Great investment.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

273 576 $

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 (273 576 $) 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).