Apartment in Budva No. 2321, 43.0 m²

Description

Discover unique business-class housing in Budva!

We present to you a project by a reputable developer with many years of construction experience in Montenegro. More than 30 successfully completed real estate projects on the Budva Riviera are a guarantee of your comfort and reliability!

«PIETRA RESIDENCE»– is a premium-class residential complex under construction, located in the quiet Budva district of Podkošljun, just 4 minutes’ drive from the beach. Here you will find the perfect combination of privacy and proximity to urban amenities.

Why choose «PIETRA RESIDENCE»?

High construction standards:The project has a full set of permits and is being built in compliance with the highest modern standards.
Quality materials:Only the highest-quality materials from domestic and well-known global brands are used in construction.
Variety of housing:The complex consists of two buildings and includes 31 residential units – 15 apartments in Building A and 16 apartments in Building B. The total residential area of the complex is 1,635 m².
Convenient parking:The complex includes a shared two-level underground garage with 38 parking spaces.
Individual payment terms:Installment purchase is possible – 20-30% upon signing the contract, the rest in installments according to the construction stages. Individual payment arrangements are possible.

Location:

4 minutes’ walk to the school
10 minutes by car to Budva Old Town
HDL hypermarket, 2 minutes by car
Kuzina national cuisine restaurant, 2 minutes

Construction schedule:

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 1200 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.