Penthouse 263 м² in Budva, Montenegro

890 723 $

3 386 $ /м²

4OVZP

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #1

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #2

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #3

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #4

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #5

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #6

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #7

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #8

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #9

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #10

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #11

Penthouse 263m² in Montenegro, Budva. Priced at 757000€ rent photo- #12

Area

263 м²

Bedrooms

Bathrooms

5 bedroom luxury penthouse in Budva, Montenegro

‍ This penthouse has views from three sides of the building with a total area of 125.84 m2, plus a 12.48 m2 roof house, and a 124.61 m2 roof terrace, making the penthouse a total of 262.93 m2. Exceptional sea views can be enjoyed from the terraces, from the living room, sauna and one of the bedrooms. The other two bedrooms are oriented towards the hillside. The apartment has two bathrooms and a rooftop shower room. The roof terrace is above the apartment and is connected by a staircase leading to the sauna and roof entrance-exit. The large roof terrace has a jacuzzi, an outdoor kitchen, a seating area with a pergola, a sunbathing area and finally a stunning view of the sea and the old town of Budva. The penthouse is located in an exquisite residential complex in Budva consisting of three small buildings that also offer one, two and three bedroom apartments and penthouses. The penthouse is located 350 meters away from the Old Town of Budva and the sea. The amazing location provides privacy to the residents and at the same time, it is close to the center of Budva and provides amazing views of the sea, the whole Budva Bay and the 2.5 thousand year old Old Town of Budva. On the territory of the residential complex you will find a swimming pool with bar, playground, gym, sauna, reception and parking for residents and guests. The apartment is a great investment opportunity due to the investment potential. You can stay in it during your vacation and enjoy all that Budva and Montenegro have to offer while you are away.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

890 723 $

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 (890 723 $) 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).