Villa 241 м² in Budva, Montenegro

869 700 $

3 608 $ /м²

4OWPN

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #1

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #2

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #3

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #4

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #5

Villa 241m² in Montenegro, Budva. Priced at 750000€ rent photo- #6

Area

241 м²

Bedrooms

Bathrooms

Luxury 8 bedroom villa in Katunje Rezevici, Budva, Opshtina Budva

The villa is part of a luxury residential project on the sea from one of the most reputable developers in the area with a successful track record of over 10 years in countries such as UK, Cyprus, Spain, Hungary. The project is located in a prestigious area of the Budva Riviera - Reževici. Reževici is a small colorful village located just 2 km from Sveti Stefan, 5 km from Petrovac and 9 km from Budva. The first villa is built, but 2 more villas are left to be built to complete the private luxury village. The project consists of 3 villas located on a plot of over 2000m2 with stunning sea views: - 16 luxury apartments (with area from 40m2 to 81m2) - large swimming pool (15,2x7,2), -23 parking spaces and landscaped gardens The built villa consists of 4 unfurnished high quality apartments.

Additional details

Property type

Elite

Object type

Villa

Price

869 700 $

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 (869 700 $) 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).