Montenegro to extend residence by investment programme into 2022

  • Investments of at least 450,000 €
  • Potential accession to the EU in 2025*
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*If Montenegro accedes to the EU
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The first line

3,400,000 €
Total area 410 m²4 bedrooms6 bathrooms
202,000 €
Total area 71 m²2 bedrooms1 bathroom
Citizenship in exchange for investment in a hotel near a ski resort

Montenegrin passport

250,000 € · Rental income
  • The project approved by the authorities;
  • Passports are issued to the entire investor's family members;
  • The investors receives 40% of the rental income.

Sea view

With garden

290,000 €
Total area 165 m²3 bedrooms3 bathrooms

With swimming pool

1,400,000 €
Total area 400 m²Land area: 700 m²3 bedrooms5 bathrooms

Next to the sea

420,000 €
Total area 150 m²Land area: 320 m²2 bedrooms2 bathrooms
Discounted properties upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager

Furnished

Sea view

160,000 €
Total area 99 m²2 bedrooms2 bathrooms
595,000 €
Total area 389 m²Land area: 549 m²5 bedrooms5 bathrooms

Furnished

150,000 €
Total area 65 m²2 bedrooms1 bathroom

Sea view

140,000 €
Total area 61 m²1 bedroom1 bathroom

With swimming pool

Furnished

199,000 €
Total area 86 m²1 bedroom2 bathrooms

With swimming pool

1,200,000 €
Total area 540 m²Land area: 640 m²
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    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
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      FAQ about Budva
      Can foreigners get a mortgage loan in Montenegro?
      It might be tricky for a foreigner to obtain a mortgage loan for property in Montenegro. Erste Bank is the only bank lending to foreign property buyers, yet the primary qualification for an eligible foreign applicant is to have a residence permit in the country.
      How much do utilities cost in Budva?
      Property maintenance costs are not so high in Budva as compared to the rest of Europe. Read more about major housing and home ownership costs in Montenegro.
      Can buying a property in Budva also get foreigners a residence permit in Montenegro?
      A property purchase in Montenegro will get residence in the country (except for property for further development that would not qualify a buyer for a residence permit). There is no minimum investment threshold for a residence permit. The purchased property should be free and clear of any encumbrances. Read more in our article.
      How to get citizenship in Montenegro by buying a a property in Budva?
      To get citizenship in Montenegro, you would have both to purchase a property out of the government-approved pool investing at least € 250,000 and donate at least € 100,000 to the government fund.
      What is the process of buying a property in Montenegro?
      It will take 2–4 months in average to register property ownership in Montenegro. To close a transaction, a foreign buyer needs to present a foreign passport of the home country, an individual seller is to produce a legal proof of property ownership and the excerpt from record in the local property registry, and a corporate seller should additionally provide the buyer with its corporate documents. See details here.
      What are the property prices in Budva?
      The apartment prices in Budva vary in a range of €2000-2500 for a square metre depending on the region and distance from the sea. The prices of a house range from €2800-4200 for a square metre.
      What taxes are charged on property purchase, ownership, and sale in Budva?
      A transfer tax at 3% is charged on real estate transfers in Montenegro, and 21% VAT is levied if property has not been sold before. The real estate tax is levied for the use of the property at the rates ranging from 0.25 to 1% of the property value. Read more about the taxes charged on property purchase, ownership, rent, and sale in Budva on the website.
      Key takeaways about Budva to know before property purchase: what makes the region special?
      Budva is the tourist capital of the country and one of the most popular resorts often nicknamed ‘the Montenegrin Miami’. There are plenty of restaurants, cafés, night clubs, a casino, sports grounds, tennis courts, and luxury hotels here. Budva is an excellent choice for the young, but might seem a bit buzzing for families with babies and toddlers.
      Tranio's managers are here to help you select a property
      Polina Riashnitseva
      Polina Riashnitseva
      Real Estate Expert Tranio in Budva
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