Land 1 м² in Budva, Montenegro

1 007 286 $

1 007 286 $ /м²

4OgRY

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #1

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #2

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #3

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #4

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #5

Land 1m² in Montenegro, Budva. Priced at 850000€ rent photo- #6

Area

1 м²

Land plot for the construction of a villa

The land plot is located in the Podkoshlyun area, at a distance from the sea about 250 m by air and about 550 m by road.
Cascading configuration of the area provides a beautiful view of the sea, the Old Town and one of the symbols of the city of Budva - the island of St. Nicholas.
It consists of 2 large cadastral plots consisting of 3 urban plots and cannot be purchased separately.
For each site there is UTU documentation, which determines the permitted parameters for the construction of buildings with a total area of 2188 m2.

1 plot - an area of 313m2 is allowed to build a building of 268m2;

Allowed floors of the building - garage + 3 floors.
2 plot - an area of 1654m2, allowed construction of 2 buildings with an area of 774m2 and 1146m2, garage + 4 floors

Direct access from the public road, as well as other infrastructure (city water supply, electricity, sewerage) is located on the site.
Podkoshlyun is a residential and tourist village in the wider center of Budva, where all the most important facilities are available all year round: numerous markets, pharmacies, restaurants, kindergarten, post office.

Additional details

Property type

Land

Object type

Land

Price

1 007 286 $

Land area

1967

Distance to key points, m

To sea 550

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 (1 007 286 $) 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).