Land 1168 м² in Budva, Montenegro

1 159 600 $

992 $ /м²

4OTwO

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #1

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #2

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #3

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #4

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #5

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #6

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #7

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #8

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #9

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #10

Land 1168m² in Montenegro, Budva. Priced at 1000000€ rent photo- #11

Area

1168 м²

Plot in Budva. City - Budva

The plot is ready for building, a flat solid base has been laid, electricity and sewerage have been installed. - minimum available building area 220m2 - maximum available building area 740m2 It is possible to build a residential house, a mini-hotel with a restaurant or an apart-hotel. Any of the selected options in such a unique location - a reliable investment in your future. This investment has a high level of liquidity, and a good return on investment.

Services and facilities

Pool

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

Residential Properties

Object type

Land

Price

1 159 600 $

Condition

Furnished

Characteristics

Pool

Garage/parking

Balcony or terrace

Lift

Sea View

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 (1 159 600 $) 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).