Land 1 м² in Budva, Montenegro

9 815 713 $

9 815 713 $ /м²

4Od9S

Land 1m² in Montenegro, Budva. Priced at 8283000€ rent photo- #1

Land 1m² in Montenegro, Budva. Priced at 8283000€ rent photo- #2

Land 1m² in Montenegro, Budva. Priced at 8283000€ rent photo- #3

Land 1m² in Montenegro, Budva. Priced at 8283000€ rent photo- #4

Land 1m² in Montenegro, Budva. Priced at 8283000€ rent photo- #5

Area

1 м²

Spacious plot in Podostrog

This land plot for residential housing construction is located in the center of the ancient Montenegrin village of Podostrog, one and a half kilometers from the center of Budva. A panoramic view of Budva, the Old Town, St. Stephen's Island, and the sea opens up from any point on the site. The lower border of the village gently transitions into the suburb of Budva. A great place for a relaxing holiday and a peaceful life.

The total area of the plot is 41,415 sq. m

The plot is host to cascading terrain. The vegetation on the site mainly includes oak groves and evergreen shrubs, creating a unique microclimate. A deep mountain stream runs along the southeastern border of the site. Newly constructed asphalt road winds through the site. According to existing urban plans, the Budva bypass road, which is currently under development, is adjacent to the lower part of the site.

The plot is owned by a Montenegrin company. No encumbrances exist. Individual parcel sale is possible without violating the integrity and autonomy of the remaining plot parcels. In order to optimize taxation, the sale of the company will be considered.

Urban indicators

The plot is divided into 41 urban parcels, which are included in the State Location Studio (detailed urban plan) "Podostrog".

Purpose of the plot - residential housing construction

Occupancy coefficient: 0.2

Building density coefficient: 0.6

Maximum number of floors: 3 floors

Total construction area: up to 21,691 sq. m

Distance from the coast - 2 km

Distance to the city of Budva - 1.5 km

Average height above sea level - 200 m

Additional details

Property type

Land

Object type

Land

Price

9 815 713 $

Land area

41415

Distance to key points, m

To sea 2000

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 (9 815 713 $) 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).