Villa 231 м² in Budva, Montenegro

1 110 439 $

4 807 $ /м²

4OVBn

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #1

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #2

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #3

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #4

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #5

Villa 231m² in Montenegro, Budva. Priced at 950000€ rent photo- #6

Area

231 м²

Bedrooms

Bathrooms

Luxury villa for sale in Budva, Montenegro

Set in nature, above Sveti Stefan, one of the most picturesque places of the Budva Riviera, the Villas are harmoniously located on a hill with breathtaking views of the Adriatic Sea and mountains. These villas offer eco-friendly living with high quality modern design, supported by the use of the latest sustainable technologies. When completed, they will be the first carbon fiber eco-friendly residential properties in Montenegro. Level One: Two-story living room with dining area and modern open plan kitchen, seamlessly continuing to the outdoor terraces, infinity pool and landscaped garden overlooking the Adriatic Sea. Entrance gallery overlooking the sea, a glimpse into the living room of the two-story hall. Master bedroom with sea view, with en-suite bathroom, dressing room and bath with sea view. Three: Two double rooms with sea views, one single room and 2 bathrooms with mountain views. Four: A boiler room and a large storage room. Project Schedule: Realization of a truly innovative project is always challenging. As the first of its kind in Montenegro, the process was a delicate balancing act of layout, design, communications, contracts with contractors, manufacturers and suppliers. The project has all necessary permits and approvals. Procurement contracts have been agreed and formalized for delivery and installation. Chronology: 2022 February - Land Purchase February-April - Design Concept April - Design Concept April - Planning Permit granted May-November - Detailed Design and Specification 2023 February - Building Permit issued February - Construction commences May - Completion of main structure June - Completion of roof and façade June-September - Summer construction ban - Exterior work prohibited from June 15 to September 15 due to summer season June-September - Interior work - Installation of utilities July-September - Interior work - R Upon completion, they will receive EDGE certification, an international sustainability standard used by the World Bank and the International Finance Corporation. Villas solar panels generate electricity and the excess energy produced is returned to the grid, aiming for zero energy bills. To improve the user experience and maximize energy efficiency

Additional details

Property type

Elite

Object type

Villa

Price

1 110 439 $

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 (1 110 439 $) 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).