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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202,000 €
Total area 71 m²2 bedrooms1 bathroom

Furnished

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

160,000 €
Total area 99 m²2 bedrooms2 bathrooms
Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager

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

Furnished

981,000 €
Total area 327 m²4 bedrooms3 bathrooms

Furnished

125,000 €
Total area 50 m²1 bedroom1 bathroom

Furnished

800,000 €
Total area 271 m²3 bedrooms2 bathrooms

Furnished

230,000 €
Total area 107 m²2 bedrooms1 bathroom

Sea view

650,000 €
Total area 141 m²2 bedrooms2 bathrooms

Sea view

161,000 €
Total area 55 m²1 bedroom1 bathroom

Sea view

305,000 €
Total area 75 m²1 bedroom1 bathroom
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      FAQ about Budva
      Can foreigners get a mortgage loan to buy an apartment in Budva?
      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?
      Apartment 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 an apartment 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 an apartment 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 an apartment 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 apartment 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.
      What taxes are charged on apartment 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 apartment 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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