Property Abroad

Montenegro

Budva

Flat

Flat 108 м² in Budva, Montenegro

291 213 $

2 696 $ /м²

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Flat 108m² in Montenegro, Budva. Priced at 250000€ rent photo- #1

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Flat 108m² in Montenegro, Budva. Priced at 250000€ rent photo- #29

Area

108 м²

Bedrooms

Apartment in Budva. City - Budva

description

Apartment, 3 bedrooms, Budva, Maslinyak

Apartment with 3 bedrooms, located in a quiet sleeping area of Budva, Maslinyak. The apartment is located 600 meters from the sea. Very good location, nearby are large supermarkets, shops, sports center Rea, bus station, small market, cafes and restaurants.

Square: 105 m2

Floor: 6 (the house has an elevator)

Structure of the apartment:

- hallway,

-spacious living room,

-kitchen,

-2 bathrooms,

-a large terrace

The apartment is partially furnished (only built-in furniture remains), equipped with all necessary household appliances and ready for occupancy. A great option for accommodation, summer vacation at sea or for rent.

It is possible to buy a garage in the underground parking - 20,000 euros

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

291 213 $

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 (291 213 $) 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).