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AI Summary

A luxurious 430 sq. m villa in Budva will be the perfect choice for comfortable living, offering 5 spacious bedrooms, two cozy living rooms, and two modern kitchens. Enjoy magnificent views from four open balconies, while being just one kilometer from the azure sea and the best beaches of Montenegro.

HousesNo. 556

House in Budva No. 556

Budva · Budva Riviera, Budva, Montenegro
€550,000
View: Sea view

Details

Area
430 m²
Land area
428 m²
Bedrooms
5
Parking
Yes
To sea
1000 m
Price per m²
€1,279

Description

Villa in Krimovica, surrounded by a green lawn with outdoor and inner courtyards, a flower bed and a water source, is enclosed by a solid stone fence, with wrought metal gates and a central entrance gate, decorative lighting along the entire perimeter of the plot and in the courtyards. The total area of the villa is 430 m2. On the first floor of the house there are: a living room with a separate kitchen, a relaxation area with a fireplace, a garage; on the second floor there are two bedrooms, two bathrooms and a terrace; on the third floor there are also two bedrooms; on the fourth floor there is an observation deck, with a relaxation area, a barbecue, a bar counter and a kitchen under a pergola. A parking space is provided on the plot next to the house. The house is located in a complex, the territory is guarded.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€550,000
Property transfer tax
€25,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €3,000 (6% × 50,000)

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€26,055
Estimated costs to purchase the propertyTotal: €576,055

Location

What's nearby

  • SchoolE-Gimnazija585 m
  • KindergartenFiksiklub245 m
  • GroceriesGood food36 m
  • PharmacyMogren171 m
  • HospitalDom zdravlja164 m
  • RestaurantDruga Kuca27 m
  • Bus stopCrvena zgrada63 m
  • ATM45 m
  • AirportTivat Airport16.0 km
  • PortMarina Budva886 m
  • Sea1.0 km

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 1000 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
€550,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,736/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,825/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,870/mo
Monthly payment
€2,541
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€385,000
Total interest€224,799
Loan amount
€385,000
Total interest
€224,799
Total payment
€609,799

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.

€550,000
€1,279/m²No. 556