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171 m² penthouse in Budva with panoramic sea views, 4 bedrooms, 3 bathrooms, terrace, can be divided into 2 apartments

ApartmentsNo. 2588

Apartment in Budva No. 2588

Budva · Budva Riviera
€700,000

Details

Area
171 m²
Rooms
6
Bedrooms
4
Bathrooms
3
Floor
7/7
Year built
2019

Description

A spacious penthouse with panoramic sea views is offered for sale, located on the top, 7th floor of a residential building in Budva.

Main features:

  • Area: 171 m²
  • Floor: 7 (top floor, elevator)
  • 4 bedrooms + office
  • 3 bathrooms
  • Panoramic terrace with sea views from all rooms
  • Fully furnished
  • Air conditioning and heating in every room
  • Video surveillance in the building

The apartment is a combination of two separate units with two entrances, which makes it possible, if needed, to split it back into two independent units - an ideal solution both for living and for investment.

The apartment is ideal for:

  • family living
  • rental income (as one unit or 2 separate units)
  • investment with the possibility of increasing profitability

Location:

The apartment is located in Budva - Montenegro’s main tourist center.

Within walking distance are:

  • the sea and promenade — 10–15 minutes
  • Budva Old Town — 10–15 minutes
  • cafes, restaurants and shops — 5–10 minutes
  • shopping centers and supermarkets — 5–10 minutes

The location combines the convenience of urban infrastructure and panoramic views thanks to its elevated position.

The property hashigh investment potentialdue to:

  • large area
  • the possibility of dividing it into 2 apartments
  • panoramic sea view
  • location in Budva
  • multiple bedrooms

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€700,000
Property transfer tax
€34,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €12,000 (6% × 200,000)

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€35,212
Estimated costs to purchase the propertyTotal: €735,212

Location

What's nearby

  • SchoolE-Gimnazija916 m
  • KindergartenObdanište334 m
  • GroceriesHelada mont budva 29 novembra140 m
  • PharmacyTea Medica 27195 m
  • HospitalDom zdravlja927 m
  • RestaurantLondon125 m
  • Bus stop175 m
  • ATM214 m
  • AirportTivat Airport16.2 km
  • PortMarina Budva1.6 km
  • Sea840 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.
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
€700,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,482/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,596/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,653/mo
Monthly payment
€3,234
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€490,000
Total interest€286,108
Loan amount
€490,000
Total interest
€286,108
Total payment
€776,108

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.

€700,000
No. 2588