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Penthouse 106 м² in Budva, Montenegro

614 800 $

5 800 $ /м²

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Area

106 м2

Bedrooms

2

Bathrooms

2

Penthouse with 2 bedrooms in Budva

Penthouse is located in an exclusive under construction project in the center of Budva. It has an area of 106 m2, two bedrooms and two bathrooms. There is a spacious terrace overlooking the garden. The project is located in a residential area of Budva, where you can always count on tranquility, but still within walking distance to all the facilities that allow you to lead an active and fun life, 500 m from the beach, 250 m from school and 750 m from the Old Town of Budva. The project is realized by a developer with German experience and quality of construction. The project will be completed in summer 2024. Payment plan in 3 phases: After signing the contract After completion of rough works After handing over the property to the buyer This modern apartment building will be equipped with the most modern installation systems, both from an architectural and engineering point of view. For buyers, it offers: - An elaborate design achieving completeness of appearance and functionality - Already built-in and custom-made furniture in collaboration with Lamex - Reception with controlled entrance, fully covered by video surveillance - In the courtyard, a heated swimming pool exclusively for residents - Ground floor with garden, partly paved and partly lawned - 30 parking spaces, with 2 electric car chargers, sprinkler system and ventilation. ‍ With its modern architectural approach, high quality construction and innovations that simplify life, this project is an elegant haven for

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

614 800 $

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 (614 800 $) 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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