Area
58 м2
Commercial premises in the center of Budva
Commercial premise of 58 sq.m. in the very center of Budva. Can be used for office or restaurant.
Additional details
Property type
Commercial
Publication
From the Agency
Object type
Office
Price
168 510 $
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 (168 510 $) 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).
Related sections
Contact person
Buy flat in Budva 171 880 $
42
A beautifully furnished one-bedroom apartment for sale in Budva, set in a newly built residential building in a highly convenient...
Buy flat in Przno 533 615 $
1
Apartment for sale 160 m2 with 3 bedrooms and panoramic sea views in Przno, Budva We offer for sale a...
Our managers will help you choose a property
Liliya
International Real Estate Consultant