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AI Summary

A luxurious 90 sq. m apartment in the very heart of Budva combines style and comfort: a spacious living room, two cozy bedrooms, and two modern bathrooms are perfect for life by the sea. This exclusive offer in a prestigious residential complex will be the ideal home for those who value aesthetics, quality, and a premium location on the coast of Montenegro. Property price — 530,000 EUR.

ApartmentsNo. 2290

Apartment in the city center of Budva No. 2290

Budva · Budva Riviera, 1 Mediteranska, Budva
€530,000

Details

Area
90 m²
Bedrooms
2
Parking
Yes
Price per m²
€5,889

Description

For the first time on the market, an exclusive 2-bedroom apartment in an elite building in the very center of Budva, next to the historic part of Budva and the Avala Hotel.

Total area: 90 m² + 10 m² gallery

Layout:

  • 2 bedrooms
  • 2 bathrooms
  • spacious kitchen-studio
  • walk-in closet
  • gallery/library

The apartment has been finished with high-quality designer renovation. A split system for cooling and heating is installed, underfloor heating in the bathrooms, high-quality double-glazed windows with sliding systems. Fully furnished with soft furniture and household appliances.

Parking: 1 space in the underground garage.

Residents have access to a 24/7 reception.

The promenade, Old Town, numerous beaches, boutiques, and shops are located 150 meters away.

Don’t miss the chance to become the owner of this unique apartment in the very heart of Budva!

Amenities

Mountain viewSea ViewAir conditioningElevatorFully furnishedReceptionManagement company

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€530,000
Property transfer tax
€23,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €1,800 (6% × 30,000)

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€24,839
Estimated costs to purchase the propertyTotal: €554,839

Location

What's nearby

  • SchoolAdriatic College448 m
  • KindergartenFiksiklub347 m
  • GroceriesMarco polo86 m
  • PharmacyTea Medica53 m
  • HospitalDom zdravlja726 m
  • RestaurantWOW Lounge & Bar43 m
  • Bus stopBudva (centar)218 m
  • ATM15 m
  • AirportTivat Airport16.3 km
  • PortMarina Budva404 m
  • Sea202 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
€530,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,637/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,723/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,766/mo
Monthly payment
€2,448
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€371,000
Total interest€216,625
Loan amount
€371,000
Total interest
€216,625
Total payment
€587,625

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.

€530,000
€5,889/m²No. 2290