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Villa 288 м² in Budva, Montenegro

613 663 $

2 130 $ /м²

4OdDy
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Area

288 м2

Bedrooms

7

Bathrooms

6

Villa in Budva. City - Budva

Three-storey house in a cozy and quiet area of Budva for personal residence and/or for renting out (mini-hotel)Main advantages:- Privacy with close proximity to the sea, beaches, city infrastructure.To the sea - 800m.- The plot is located in an olive grove on the mountainside.- From the terraces of the house opens beautiful views of the sea and mountains.- The plot has an orchard with orange trees, lemon trees, tangerine trees, kumquats, muskmulas, plums, persimmons, cherries, grapes, flowers, palm trees and olive trees.An ideal investment:This villa is a great combination of a mini hotel with loyal customers and high ratings and a vacation home or permanent residence.Layout:The villa, with an area of 288 m2, consists of 3 floors.1st floor - two apartments for 4 and 3 people.2nd floor - one large apartment with 2 bedrooms, living room, dining room, kitchen and a large terrace of 20 m2 with sea views.3rd floor - three bedrooms with bathrooms (two bedrooms have small terraces with sea view), shared kitchen and 1 large storage room.The villa is fully furnished and equipped with household appliances. There are air conditioners in every room. There is a barbecue area on the plot.Documents:The villa is fully entered in the property certificate, the documents are free of encumbrances.Location: BudvaVilla area: 288 sq.m.Plot area: 472 sq.m.No. of bedrooms: 7Number of bathrooms: 6Price: 590,000 (reduced from 720,000!)

Services and facilities

Air conditioner

Additional details

Property type

Residential Properties

Object type

Villa

Price

613 663 $

Land area

472

Characteristics

Air conditioner

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 (613 663 $) 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).

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