Land 1 м² in Budva, Montenegro

343 829 $

343 829 $ /м²

4OcmT

Land 1m² in Montenegro, Budva. Priced at 300000€ rent photo- #1

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Area

1 м²

Plot in Lazi

Plot in Budva with a wooden house .

Size 440m2, house is registered in cadaster 30m2.

Ground floor : living room with kitchen , a bathroom and a big terrace.

First floor : two bedrooms and a terrace.

On this plot one can build up to 600 m2 building, 4 floors

Water and electricity and other infrastructure fully functioning.

Distance from the beach 1 km

Sea view would be from the second floor

Additional details

Property type

Land

Object type

Land

Price

343 829 $

Land area

440

Distance to key points, m

To sea 1000

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 (343 829 $) 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).