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AI Summary

An authentic two-story house in the very heart of Old Budva, just 50 m from the sea — a rare offering with a special atmosphere and historic charm. With an area of 70 m² + 20 m² terraces, fully furnished, air conditioning, an alarm system, and city views, this property is an excellent choice for living, while two separate entrances open up broad opportunities for commercial use.

HousesNo. 2647

Apartment in Budva No. 2647

Budva · Budva Riviera
€490,000
View: City view, Yard view

Details

Area
70 m²
Rooms
2
Bedrooms
1
Bathrooms
2
To sea
50 m

Description

An authentic two-storey house is offered for sale, located in the very heart of Budva — in the Old Town.

This is a rare property with the character and atmosphere of old Budva, combining historical style, comfort, and functionality. Thanks to its unique location and two separate entrances, the house is ideal both for comfortable living and for commercial use — as a restaurant, boutique, or rental apartments.

Main features:

  • Area: 70 m² + terraces 20 m²
  • Floors: 2
  • Bedrooms: 1
  • Bathrooms: 2
  • Terraces: 2
  • Condition: fully furnished and ready to move in

About the house:

The house has an original and functional layout spread over two levels.

The ground floor features a kitchen, a separate living room with underfloor heating and access to the terrace, as well as a bathroom with underfloor heating. The second floor includes a spacious living room with a loft area, a bedroom, a bathroom, and a terrace.

A vintage staircase and a fireplace create a special atmosphere, giving the house character and coziness. A split-system air conditioner is installed for comfortable living at any time of year. The presence of two separate entrances opens up additional possibilities for using the space.

The house is fully equipped with furniture and appliances — ready for immediate occupancy or for starting a business.

Location:

The house is located in the historic center of Budva — one of the most prestigious and visited places in Montenegro.

  • Beach and promenade — 1–2 minutes on foot
  • Cafes and restaurants — nearby
  • Boutiques and shops — close by
  • Main attractions — within walking distance

The Old Town attracts tourists year-round, creating a unique atmosphere and a high flow of visitors.

Investment appeal:

Properties in Budva Old Town are a rare and limited market segment with high liquidity.

The house is ideal both for living and for commercial use: a restaurant, boutique, gallery, or rental apartments. Thanks to its location and layout, the property can generate stable and high income.

Amenities

Alarm systemAir conditioningCity viewFully furnishedTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€490,000
Property transfer tax
€21,500
€4,500 (3% × 150,000) + €17,000 (5% × 340,000)

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€22,492
Estimated costs to purchase the propertyTotal: €512,492

Location

What's nearby

  • SchoolAdriatic College675 m
  • KindergartenFiksiklub970 m
  • GroceriesOld Town Bakery19 m
  • PharmacyVega54 m
  • HospitalDom zdravlja1.3 km
  • RestaurantPera9 m
  • Bus stopBudva (centar)504 m
  • ATMEuronet22 m
  • AirportTivat Airport16.8 km
  • PortMarina Budva313 m
  • Sea50 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 50 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
€490,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,438/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,517/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,557/mo
Monthly payment
€2,264
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€343,000
Total interest€200,276
Loan amount
€343,000
Total interest
€200,276
Total payment
€543,276

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.

€490,000
No. 2647