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.

Budva Apartments for Sale

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Sea view

3 months ago

New one-bedroom apartment with a sea view, Kamenovo, Budva Riviera, Montenegro

Budva, Montenegro

189,000 €

Total area 54 m² · 1 bedroom · 1 bathroom

2 weeks ago

1-bedroom apartment 40 m² in Budva city

Budva city, Budva, Montenegro

186,000 €

Total area 40 m² · 1 bedroom

3-bedroom apartment 136 m² in Becici for 871,000 €

Furnished

1 month ago

3-bedroom apartment 136 m² in Becici

Becici, Budva, Montenegro

871,000 €

Total area 136 m² · 3 bedrooms · 2 bathrooms

Residential complex

Three-storey furnished villa with a pool and sea views in an elite complex, Budva, Montenegro

Budva city, Budva, Montenegro

From 3,200,000 €

Total 5 units available from the developer

Completion in: 2027.I

Villas from 3,200,000 €

3 months ago

New apartments within walking distance from the sea, Budva Riviera, Montenegro

Budva city, Budva, Montenegro

97,000 €

Total area 28 m² · 1 bathroom · Studio

Furnished

Studio apartment with beautiful sea and mountain views in Rafailovici, Budva, Montenegro

Rafailovići, Budva, Montenegro

104,000 €

Total area 45 m² · Studio

Elvira Gracheva

Head of Sales Tranio Europe

Tranio Projects for Profitable Investments

Sourcing prime properties to match your goals, negotiating exclusive terms, delivering an independent investment analysis.

Book a Consultation

2 weeks ago

Apartment 26 m² in Budva

Budva, Montenegro

98,000 €

Total area 26 m²

Sea view

Studio apartment 39 m² in Becici

Becici, Budva, Montenegro

132,000 €

Total area 39 m² · 1 bathroom · Studio

Furnished

2-bedroom apartment 90 m² in Budva city

Budva city, Budva, Montenegro

370,000 €

Total area 90 m² · 2 bedrooms · 2 bathrooms

The first line

3-bedroom apartment 147 m² in Budva city

Budva city, Budva, Montenegro

1,100,000 €

Total area 147 m² · 3 bedrooms · 2 bathrooms

The first line

1-bedroom apartment 97 m² in Budva city

Budva city, Budva, Montenegro

980,000 €

Total area 97 m² · 1 bedroom · 1 bathroom

Furnished

2-bedroom apartment 83 m² in Budva city

Budva city, Budva, Montenegro

185,000 €

Total area 83 m² · 2 bedrooms · 1 bathroom

The first line

2-bedroom apartment 171 m² in Budva city

Budva city, Budva, Montenegro

1,350,000 €

Total area 171 m² · 2 bedrooms · 2 bathrooms

Furnished

1-bedroom apartment 69 m² in Becici

Becici, Budva, Montenegro

380,000 €

Total area 69 m² · 1 bedroom · 1 bathroom

Furnished

3-bedroom apartment 106 m² in Becici

Becici, Budva, Montenegro

250,000 €

Total area 106 m² · 3 bedrooms · 2 bathrooms

Furnished

3-bedroom apartment 184 m² in Becici

Becici, Budva, Montenegro

590,000 €

Total area 184 m² · Land area: 104 m² · 3 bedrooms · 2 bathrooms

Furnished

3-bedroom apartment 149 m² in Rafailovići

Rafailovići, Budva, Montenegro

550,000 €

Total area 149 m² · 3 bedrooms · 3 bathrooms

Furnished

3-bedroom apartment 136 m² in Rafailovići

Rafailovići, Budva, Montenegro

870,000 €

Total area 136 m² · 3 bedrooms · 2 bathrooms

Furnished

2-bedroom apartment 107 m² in Rafailovići

Rafailovići, Budva, Montenegro

685,000 €

Total area 107 m² · 2 bedrooms · 2 bathrooms

Furnished

2-bedroom apartment 63 m² in Becici

Becici, Budva, Montenegro

227,000 €

Total area 63 m² · 2 bedrooms · 1 bathroom

Furnished

1-bedroom apartment 65 m² in Reževići

Reževići, Budva, Montenegro

342,000 €

Total area 65 m² · 1 bedroom · 1 bathroom

Furnished

2-bedroom apartment 113 m² in Rafailovići

Rafailovići, Budva, Montenegro

837,000 €

Total area 113 m² · 2 bedrooms · 2 bathrooms

Furnished

2-bedroom apartment 90 m² in Reževići

Reževići, Budva, Montenegro

486,000 €

Total area 90 m² · 2 bedrooms · 2 bathrooms

Furnished

3-bedroom apartment 125 m² in Budva city

Budva city, Budva, Montenegro

800,000 €

Total area 125 m² · Land area: 250 m² · 3 bedrooms · 2 bathrooms

Furnished

2-bedroom apartment 83 m² in Becici

Becici, Budva, Montenegro

295,000 €

Total area 83 m² · 2 bedrooms · 2 bathrooms

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Tranio’s client cases

All cases

08 February 2016
Holidays on the Adriatic: this client bought a sea-view flat in Montenegro
Beautiful Montenegro is one of the less-travelled Eastern European countries. Its magnificent coast, nestled in the mountains, is a perfect getaway from the bustle of big tourist resorts.
02 June 2015
From France to Montenegro: comparative apartmentology of a flat owner’s life
Daria (30), a financial expert from Moscow, Russia, and her husband knew Europe well by the time they bought their first flat there: an apartment in the South of France along the Mediterranean.
18 March 2026
Turnkey EU Residence Permit: How a Family Bought an Apartment in Tranio’s Filosofia Project and Received a Greek...
In 2025, a family came to us: a married couple and their adult son. Their goal was to obtain a European residence permit. Initially, they were choosing between Cyprus and Greece. Ultimately, the Greek Golden Visa programme...
29 July 2025
From Old Office to Modern Apartment: Securing Property and a Greek Residence Permit in Five Months under the...
Once again, a Tranio client has chosen Greece Golden Visa programme as the most affordable European residency option through real estate investment. The programme was revised in 2024. Now, the most accessible route is through...
14 July 2025
London as a Second Home: Three Families Buy Apartments for Their Student Children
In recent months, we have received three similar requests to source property in London. This article features real client stories and a look at how property is purchased in the UK capital with Tranio.
06 May 2025
The Art of Renovation in Northern Athens and One-Stop-Shop Service of Tranio Hellas: Why Investor Bought Apartment...
Tranio has been operating in the Greek property market since 2010, selecting homes for clients from trusted partners across different regions — both in cities and in coastal resort locations.
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.
28 February 2025
The Final Lap: Returns Secured by Investors in The Community, Motor City
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s...
21 February 2025
Exploring Oman's Office Real Estate Market: A Client's Perspective
Economic diversification has long been a priority for Gulf nations, with each country adopting its own strategy. The UAE leverages soft power and flexibility, Saudi Arabia pursues an aggressive approach with ambitious megaprojects...
13 May 2024
Tranio client's experience: apartment on the French Riviera and obtaining a residence permit for financially...
France is a country known for its quality of life, economic strength, progressive social welfare, developed infrastructure, high environmental standards and care for historical heritage. A residence permit in France allows...

Apartments for Sale in Budva