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Penthouse 457 м² in Budva, Montenegro

2 941 622 $

6 436 $ /м²

4OV33
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Area

457 м2

Bedrooms

3

Bathrooms

3

3 bedroom luxury penthouse for sale in Budva.

This exquisite penthouse with a beautiful terrace with direct sea views and complete with Jacuzzi, shower, dining and lounge area is located in a luxury resort between Budva and Becici. It is very spacious with three bedrooms and premium furnishings. The apartment is fully ready to move in. The whole resort is located overlooking the Budva bay and the two thousand year old old old town of Budva. The resort features a luxury hotel, three private beaches, first class restaurant, beach and pool bars, infinity pool, kids club and much more. Budva is a city on the Adriatic coast and is also called the Queen of the Mediterranean. It is the tourist capital of Montenegro, a center of business, culture and entertainment. Budva is a cosmopolitan city that attracts many foreigners who live there all year round. It is the center of business and tourism business, and brings high revenues to the budget of the state of Montenegro. Tradition and modernity Budva combines tradition and modernity - it has a long history rooted in Budva Old Town, which lasts more than 2.5 thousand years, while on the other side the city is developing in a new modern style. This contrast creates a unique energy in Budva that is buzzing even in the months outside the main tourist season. Budva is attracting foreign investment and several large real estate and tourism projects are currently under construction. Beautiful coastline and villages Another advantage of Budva is the beauty of the long coastline of the Budva Riviera, where more than 30 stunning sandy and rocky beaches can be found. For those looking for a slower lifestyle, Budva villages located in the Budva Riviera regions offer tranquility, beautiful nature, sea views and local cuisine, while the urban center of Budva is only a 15-minute drive away. The capital of culture, Budva is famous for its lively cultural scene, events, entertainment and nightlife. It hosts the city's theater festival, Sea Dance festival, jazz festivals, New Year's Eve concerts, and has hosted concerts by international music stars such as Madonna, the Rolling Stones and others. Budva is a candidate for the title of European Capital of Culture in 2028.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

2 941 622 $

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 (2 941 622 $) 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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