Area
107 м2
Bedrooms
3
Apartment in Budva. City - Budva
Key parameters
* Apartment of 107 m2
* 3 bedrooms
* Garage space
* Warehouse area of 16 m2
* Cost - 480,000 €
Additional parameters
* The apartment is located in the complex Old Bakery
* Smart home system
* Equipped terrace on the roof
* Garage space is located on the 0th floor
* The property has been in possession for 5 years
Furniture and appliances
* Kitchen set with built-in cooking panel, oven and hood
* Dining table with chairs and bar counter
* Furnished living room
* Work area with table, chair and shelving
* Children's furniture with attic bed
* Air conditioning
* Water heater
* Furniture for rest on the outdoor terrace
Materials
* Floor covering in living rooms - laminate under the tree
* In bathrooms - large-format ceramic tiles
* Kitchen set with glossy facades and working surface under the tree
* The walls are painted in bright colors
* In the living room made decorative accent wall decoration
* On the terrace used artificial grass coating
Communication
* Smart home system
* Air conditioning
* Hot water from water heater
Location
* The apartment is located in the complex The Old Bakery Residences in Budva
* Nearby are shops, cafes and restaurants
* The coast and beaches of Budva are within walking distance
Appeal to potential buyers
This spacious apartment in The Old Bakery Residences is designed for a comfortable family life in Budva. The area of 107 m2, three bedrooms, smart home system, garage space and storage room of 16 m2 provide convenience every day. The main advantage is the equipped roof terrace with an area of 240 m2 with a summer kitchen and pantry: here you can relax, receive guests and spend time with children. The apartment is furnished, and the city center and the coast are within walking distance.
Additional details
Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
540 912 $
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 (540 912 $) 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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