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Flat 42 м² in Budva, Montenegro

292 397 $

6 961 $ /м²

4Oe3U
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Area

42 м2

Bedrooms

1

Apartment in Budva. City - Budva

The building will house a hotel with all associated amenities, making it easier for future buyers to rent their premises from an investment perspective. Just one turn onto the Jadran highway separates you from your comfort zone. The building is only a 5-minute walk from the beach and a 10-minute walk from the Old Town. Only one two-room apartment is for sale. Area: 42 m2. Floor: 5. Elevator: Yes. Apartment layout: entrance hall, bathroom, living room with dining area, kitchen, bedroom, terrace. The apartment is fully equipped with custom-made furniture and high-quality household appliances.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

5

Object type

Flat

Price

292 397 $

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 (292 397 $) 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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