Property Abroad

Montenegro

Budva

Flat

Flat 137 м² in Budva, Montenegro

1 572 096 $

11 475 $ /м²

4OduZ

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #1

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #2

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #3

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #4

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #5

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #6

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #7

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #8

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #9

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #10

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #11

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #12

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #13

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #14

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #15

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #16

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #17

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #18

Flat 137m² in Montenegro, Budva. Priced at 1380000€ rent photo- #19

Area

137 м²

Bedrooms

Apartment in Budva. City - Budva

Area: 137 m2 (115 m2 + 22 m2 terrace)

Bedrooms: 3

Bathrooms: 2+1

Space in the underground garage

A luxurious 137m2 three bedroom designer penthouse in the award-winning Royal Gardens, Budva.

A three bedroom penthouse of 137m2 in the award-winning building Royal Gardens, Budva.

The penthouse consists of an open plan living room with dining area and kitchen, three bedrooms, two bathrooms, one guest toilet, storage/laundry room and three terraces.

The largest terrace in the apartment is equipped with a Jacuzzi.

The apartment is equipped with carefully selected pieces of furniture such as Molteni, Porada, Flos...

The apartment is equipped with a large terrace equipped with Jacuzzi.

The price includes one parking space in the underground parking garage.

The Royal Garden building is located within walking distance of Budva's Old Town and the marina. There are numerous beaches, restaurants and stores in the immediate vicinity of the building.

The Royal Garden building is located within walking distance to Budva's Old Town and the marina.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

1 572 096 $

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 (1 572 096 $) 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).