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.

Apartments for sale in Budva. Buy flat in Budva, Montenegro

Flat in a new residetial complex not far from a sea, Pržno, Budva, Montenegro for 82,000 €

Furnished

Flat in a new residetial complex not far from a sea, Pržno, Budva, Montenegro

82,000 €

Total area 47 m²1 bedroom

47 m², 1 bedroom, apartment

Przno, Budva, Montenegro

82,000 € 1,744 € per m²

Comfortable apartment with balconies and sea views in a complex with a swimming pool, a spa and a fitness center, Becici, Montenegro for 260,000 €

Sea view

Comfortable apartment with balconies and sea views in a complex with a swimming pool, a spa and a fitness center, Becici, Montenegro

260,000 €

Total area 131 m²3 bedrooms2 bathrooms

131 m², 3 bedrooms, apartment

Becici, Budva, Montenegro

4 floor

260,000 € 1,984 € per m²

Montenegrin passport

Citizenship in exchange for investment in a hotel near a ski resort

250,000 € · Rental income

State-approved project;
Passports are issued to the entire investor's family members;
The investors receives 40% of the rental income.

Apartment in a new building with a view to the sea, Budva, Montenegro for 202,000 €

Apartment in a new building with a view to the sea, Budva, Montenegro

202,000 €

Total area 71 m²2 bedrooms1 bathroom

71 m², 2 bedrooms, new home

Budva (city), Budva, Montenegro

5 floor of 7

202,000 € 2,845 € per m²

Flat in a new-built with a view to the sea, Budva, Montenegro for 128,000 €

Flat in a new-built with a view to the sea, Budva, Montenegro

128,000 €

Total area 45 m²1 bedroom1 bathroom

45 m², 1 bedroom, new home

Budva (city), Budva, Montenegro

5 floor of 7

128,000 € 2,844 € per m²

New apartment with a terrace and a view of the sea and the city, Budva, Montenegro for 82,000 €

Sea view

New apartment with a terrace and a view of the sea and the city, Budva, Montenegro

82,000 €

Total area 45 m²1 bedroom

45 m², 1 bedroom, apartment

Budva (city), Budva, Montenegro

5 floor

82,000 € 1,822 € per m²

Apartment – Budva (city), Budva, Montenegro for 79,000 €

Apartment – Budva (city), Budva, Montenegro

79,000 €

Total area 48 m²2 bedrooms

48 m², 2 bedrooms, apartment

Budva (city), Budva, Montenegro

79,000 € 1,645 € per m²

Apartment – Becici, Budva, Montenegro for 200,000 €

With swimming pool

Apartment – Becici, Budva, Montenegro

200,000 €

Total area 107 m²2 bedrooms1 bathroom

107 m², 2 bedrooms, apartment

Becici, Budva, Montenegro

3 floor of 7

200,000 € 1,869 € per m²

Apartment – Budva (city), Budva, Montenegro for 161,000 €

Apartment – Budva (city), Budva, Montenegro

161,000 €

Total area 46 m²

46 m², apartment

Budva (city), Budva, Montenegro

161,000 € 3,500 € per m²

Fully equipped apartment with terraces and sea views in a house with a parking and an elevator, Becici, Montenegro for 85,000 €

Sea view

Fully equipped apartment with terraces and sea views in a house with a parking and an elevator, Becici, Montenegro

85,000 €

Total area 57 m²1 bedroom1 bathroom

57 m², 1 bedroom, apartment

Becici, Budva, Montenegro

5 floor of 6

85,000 € 1,491 € per m²

Apartment – Budva (city), Budva, Montenegro for 135,000 €

Apartment – Budva (city), Budva, Montenegro

135,000 €

Total area 54 m²2 bedrooms

54 m², 2 bedrooms, apartment

Budva (city), Budva, Montenegro

135,000 € 2,500 € per m²

New home – Budva (city), Budva, Montenegro

225,000 €

Total area 92 m²2 bedrooms2 bathrooms

92 m², 2 bedrooms, new home

Budva (city), Budva, Montenegro

225,000 € 2,445 € per m²

New home – Budva (city), Budva, Montenegro

175,000 €

Total area 61 m²1 bedroom1 bathroom

61 m², 1 bedroom, new home

Budva (city), Budva, Montenegro

2 floor of 6

175,000 € 2,868 € per m²

One-bedroom apartment in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro for 119,000 €

One-bedroom apartment in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro

119,000 €

Total area 52 m²1 bedroom1 bathroom

52 m², 1 bedroom, new home

Becici, Budva, Montenegro

4 floor of 8

119,000 € 2,288 € per m²

Stylish apartment in the Old Town of Budva, Montenegro for 170,000 €

Stylish apartment in the Old Town of Budva, Montenegro

170,000 €

Total area 40 m²1 bedroom1 bathroom

40 m², 1 bedroom, apartment

Budva (city), Budva, Montenegro

2 floor of 3

170,000 € 4,250 € per m²

Apartment in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro for 133,000 €

Apartment in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro

133,000 €

Total area 55 m²1 bedroom1 bathroom

55 m², 1 bedroom, new home

Becici, Budva, Montenegro

5 floor of 8

133,000 € 2,418 € per m²

Modern apartment in a residertial complex with a swimming pool, Bečići, Budva, Montenegro for 160,000 €

Furnished

Modern apartment in a residertial complex with a swimming pool, Bečići, Budva, Montenegro

160,000 €

Total area 68 m²2 bedrooms1 bathroom

68 m², 2 bedrooms, apartment

Becici, Budva, Montenegro

2 floor of 5

160,000 € 2,352 € per m²

Penthouse in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro for 230,000 €

Penthouse in a new residence with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro

230,000 €

Total area 108 m²1 bedroom1 bathroom

108 m², 1 bedroom, new home

Becici, Budva, Montenegro

8 floor of 8

230,000 € 2,129 € per m²

Modern apartment in a residential complex with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro for 192,000 €

Modern apartment in a residential complex with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro

192,000 €

Total area 68 m²2 bedrooms1 bathroom

68 m², 2 bedrooms, new home

Becici, Budva, Montenegro

6 floor of 8

192,000 € 2,823 € per m²

Cosy flat with a balcony and sea and mountains views in a new 5-star hotel and residential complex, near the beach, Becici, Montenegro for 93,000 €

Cosy flat with a balcony and sea and mountains views in a new 5-star hotel and residential complex, near the beach, Becici, Montenegro

93,000 €

Total area 33 m²1 bedroom1 bathroom

33 m², 1 bedroom, new home

Becici, Budva, Montenegro

9 floor of 14

93,000 € 2,818 € per m²

Furnished apartment with terraces and sea views, Becici, Montenegro for 160,000 €

Sea view

Furnished apartment with terraces and sea views, Becici, Montenegro

160,000 €

Total area 99 m²2 bedrooms2 bathrooms

99 m², 2 bedrooms, apartment

Becici, Budva, Montenegro

4 floor of 5

160,000 € 1,616 € per m²

Apartment in a new residential complex with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro for 133,000 €

Apartment in a new residential complex with a swimming pool and a spa, 400 meters from the sea, Becici, Budva, Montenegro

133,000 €

Total area 54 m²1 bedroom1 bathroom

54 m², 1 bedroom, new home

Becici, Budva, Montenegro

3 floor of 8

133,000 € 2,462 € per m²

Furnished seaview apartment with a terrace in a luxurious residential estate with a pool, 450 meters from a beach, Becici, Montenegro for 155,000 €

Furnished

Furnished seaview apartment with a terrace in a luxurious residential estate with a pool, 450 meters from a beach, Becici, Montenegro

155,000 €

Total area 56 m²2 bedrooms1 bathroom

56 m², 2 bedrooms, apartment

Becici, Budva, Montenegro

155,000 € 2,767 € per m²

Furnished

Furnished apartment 350 meters from the sea, Becici, Budva, Montenegro

100,000 €

Total area 45 m²1 bedroom1 bathroom

45 m², 1 bedroom, apartment

Becici, Budva, Montenegro

3 floor of 6

100,000 € 2,222 € per m²

Studio-apartment 150 meters from the sea, Becici, Montenegro for 95,000 €

Sea view

Studio-apartment 150 meters from the sea, Becici, Montenegro

95,000 €

Total area 45 m²1 bathroom

45 m², apartment

Becici, Budva, Montenegro

2 floor

95,000 € 2,111 € per m²

New apartment with a terrace in a residential complex with pools, a spa and a gym, Becici, Montenegro for 140,000 €

New apartment with a terrace in a residential complex with pools, a spa and a gym, Becici, Montenegro

140,000 €

Total area 46 m²1 bedroom1 bathroom

46 m², 1 bedroom, new home

Becici, Budva, Montenegro

11 floor of 12

140,000 € 3,043 € per m²

Apartments for sale in Budva

Discounted apartments and new-builds upon request

FAQ about Budva