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AI Summary

A luxurious villa with an area of 580 sq. m in the picturesque surroundings of Budva offers exclusive comfort for a large family or lovers of secluded relaxation. The spacious residence with 9 bedrooms and 5 cozy balconies is filled with light, while panoramic views of the green mountain landscape create an atmosphere of complete tranquility away from the hustle and bustle of the city.

HousesNo. 571

House in Budva No. 571

Budva · Budva Riviera, Budva, Montenegro
€1,480,000
View: Sea view

Details

Area
580 m²
Land area
1007 m²
Bedrooms
9
Parking
Yes
To sea
8000 m
Price per m²
€2,552

Description

For sale: a new villa in the Lapčići area, on the Budva Riviera. Total area 580 m2 with a land plot of 1007 m2. It consists of 4 floors. The first floor has a living room, bedroom, kitchen, bathroom, and a 25 m2 terrace. The second and third floors are identical and consist of a bedroom, living room, kitchen, bathroom, and a terrace (70 m2). The fourth floor has 3 bedrooms, a living room, kitchen, bathroom, and a 50 m2 terrace. Stunning views of the sea and the city of Budva. There is a swimming pool on the property. There is a garage. Own water source, city electricity, septic tank.

Amenities

Sea ViewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€1,480,000
Property transfer tax
€80,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €58,800 (6% × 980,000)

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€82,830
Estimated costs to purchase the propertyTotal: €1,562,830

Location

What's nearby

  • SchoolE-Gimnazija360 m
  • KindergartenFiksiklub439 m
  • GroceriesIdea125 m
  • PharmacyMoj Lab33 m
  • HospitalDom zdravlja61 m
  • RestaurantCaffeine41 m
  • Bus stopCrvena zgrada287 m
  • ATMZapad Banka40 m
  • AirportTivat Airport15.8 km
  • PortMarina Budva1.1 km
  • Sea8.0 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 8000 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
€1,480,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€7,363/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€7,603/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€7,724/mo
Monthly payment
€6,837
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€1,036,000
Total interest€604,914
Loan amount
€1,036,000
Total interest
€604,914
Total payment
€1,640,914

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.

€1,480,000
€2,552/m²No. 571