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AI Summary

A spacious modern house with an area of 174 sq. m on the Budva Riviera will be the perfect place to live, just 400 meters from the azure sea. The house features 4 cozy bedrooms, a bright living room, and a private terrace, while the well-maintained grounds include a refreshing swimming pool for the perfect relaxation. This is a wonderful combination of comfort, style, and proximity to the beach, priced at 550,000 EUR.

HousesNo. 1277

House in Reževići No. 1277

Budva Riviera
€550,000
View: Sea view

Details

Area
174 m²
Land area
1200 m²
Bedrooms
4
Bathrooms
3
To sea
400 m
Price per m²
€3,161

Description

The house is located in the village of Reževići, 4 km from Petrovac, 5 km from Sveti Stefan, and 14 km from Budva.

The house has a total area of 174 m2, consists of two floors, with a total of three bedrooms and an apartment with a bedroom and a bathroom.

On the large 1200 m2 yard there is an outdoor swimming pool, a garden with a shaded terrace, various fruit trees, and a barbecue area.

In accordance with the current technical conditions, it is possible to build one more residential building on the plot.

On this plot, construction of up to 900m2 is possible.

Amenities

Swimming poolSea ViewAir conditioningTerrace

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

  • GroceriesPetrol986 m
  • RestaurantIzvor14 m
  • Bus stop169 m
  • ATM2.2 km
  • AirportTivat Airport24.8 km
  • PortMarina Budva8.3 km
  • Sea400 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 400 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
€3,161/m²No. 1277