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Flat 190 м² in Budva, Montenegro

793 979 $

4 178 $ /м²

4OdvT
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Area

190 м2

Bedrooms

5

Apartment in Budva. City - Budva

The new building is located in the center of Budva, on Zmajeva Street. High construction quality, underground garage, intercom, panoramic glazing, natural parquet, Grohe plumbing. Just 150 meters to the sea, near TQ Plaza shopping center, grocery market, and beach. For sale is a penthouse with panoramic windows (5 bedrooms, 3 bathrooms) + a rooftop terrace of 190 sq. m. 670,000 euros. It can be converted into 4 studio apartments for rental purposes.

Additional details

Property type

Residential Properties

Number of rooms

5

Object type

Flat

Price

793 979 $

Characteristics

Sea View

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 (793 979 $) 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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