Penthouse 311 м² in Budva, Montenegro

1 140 172 $

3 666 $ /м²

4OVBo

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #1

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #2

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #3

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #4

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #5

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #6

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #7

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #8

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #9

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #10

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #11

Penthouse 311m² in Montenegro, Budva. Priced at 969000€ rent photo- #12

Area

311 м²

Bedrooms

Bathrooms

3 bedroom luxury penthouse for sale in Budva.

Penthouse is located on the top two floors of a building in a quiet area of Budva, with beautiful direct views of the sea, the Old Town of Budva and the island of St. Nicholas. The building where it is located is 1km from the sea and on the sunny side of the hills offering stunning sunsets. It has direct access to a garage with 2 parking spaces and a private elevator from the garage to the penthouse. The penthouse has 2 levels. The first level has an open living room with kitchen and dining area, 3 bedrooms and 2 bathrooms. The second level has a pool, gym, laundry room, summer kitchen with dining area, spacious terrace with fireplace. The penthouse is currently being finished and will be finished after summer 2023. Price includes: kitchen appliances, beds, walk-in closets, paneling, built-ins, smart home, fireplace. Additional amenities include: smart home system, underfloor heating, cooling system, kitchen and appliances, electric blinds, custom furniture, Jet pool, exercise room, two-car garage, outdoor lounge area, outdoor kitchen, fireplace, storage.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

1 140 172 $

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 (1 140 172 $) 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).