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AI Summary

A spacious 238 m² house in picturesque Budva is an ideal choice for a large family or a ready-made rental business. Just 600 meters from the azure sea, you will find 10 cozy bedrooms, 4 bright living rooms, and sunny terraces for relaxation. This is a rare offer combining comfort, scale, and proximity to the coast for only 630,000 euros!

HousesNo. 375

House in Budva No. 375

Budva · Budva Riviera, Budva, Montenegro
€630,000
View: City view

Details

Area
238 m²
Land area
300 m²
Bedrooms
10
Parking
Yes
To sea
600 m
Price per m²
€2,647

Description

For sale: a two-story house in the center of Budva. A prestigious, quiet area with well-developed infrastructure. The house area is 238 sq.m. The first floor features a living room, separate kitchen, three bedrooms, and two bathrooms. The second floor is intended for rental and consists of six apartments and two large terraces. In front of the house there is parking for three cars. All permits and documentation are in place for adding two more floors. In 2010, the house was completely reconstructed. The house is ideal for permanent residence and for renting out the second floor during the summer season.

Amenities

City viewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€630,000
Property transfer tax
€29,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €7,800 (6% × 130,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€30,950
Estimated costs to purchase the propertyTotal: €660,950

Location

What's nearby

  • SchoolE-Gimnazija216 m
  • KindergartenSmart-bee520 m
  • GroceriesIdea53 m
  • PharmacyMoj Lab135 m
  • HospitalDom zdravlja206 m
  • RestaurantCaffeine115 m
  • Bus stop299 m
  • ATM81 m
  • AirportTivat Airport15.7 km
  • PortMarina Budva1.2 km
  • Sea600 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 600 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€630,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,134/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,236/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,288/mo
Monthly payment
€2,910
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€441,000
Total interest€257,497
Loan amount
€441,000
Total interest
€257,497
Total payment
€698,497

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€630,000
€2,647/m²No. 375