Property Abroad

Montenegro

Budva

Flat

Flat 116 м² in Budva, Montenegro

356 822 $

3 076 $ /м²

4Odz1

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #1

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #2

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #3

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #4

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #5

Flat 116m² in Montenegro, Budva. Priced at 304200€ rent photo- #6

Area

116 м²

Bedrooms

Apartment in Budva. City - Budva

Description

Four-room apartment apartment from the developer in a residential area of Budva

- Location: Budva, Technomax area

- Apartment in a new apartment building

- Apartment area: 117 sq.m.

Number of floors in the house: 6
This 3 bedroom apartment is located on the 3rd floor of the building.

- Going to the mountains and the city

Number of bedrooms: 3
Number of bathrooms: 2
Number of balconies/terraces: 2

⛱️ Distance to the sea:

On foot 2 km (20-25 minutes walk)
By car: 2 km. (7 minutes by car)

Type of parking place: two-story underground parking. The cost of a parking space on the level -2 floor: 25,000 euros.

Layout: corridor-entrance hall, living room with kitchen, dining and recreational areas. Three bedrooms, each with access to spacious balconies. Two bathrooms.

The apartments are sold in a fine finish.

Wall covering: white water-based paint
Floor covering: ceramic tiles and laminate
Fully equipped bathroom. node: shower, sink, toilet, storage water heater.

Type of heating: split system (included in the price of the apartment).
For a comfortable life, you need to purchase only a kitchen and the necessary furniture.
Completion date: summer 2024

Infrastructure:

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

356 822 $

Characteristics

Mountain 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 (356 822 $) 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).