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AI Summary

A spacious 103 m² apartment with two bedrooms is located in a modern residential complex on the picturesque Budva Riviera. Just 900 meters from the azure sea, this property is an ideal place for comfortable living or a profitable investment in a premium location in Montenegro. The property price is 237,700 euros.

ApartmentsNo. 1978

Penthouse in a residential complex in Seoce No. 1978

Budva Riviera, Seoca, Budva Municipality, 81310, Montenegro
€237,700
View: Sea view

Details

Area
103 m²
Bedrooms
2
Bathrooms
2
Floor
5/5
Year built
2022
Parking
Yes
To sea
900 m
Price per m²
€2,308

Description

Two-bedroom penthouse in a residential complex in the suburbs of Budva.

The residential complex, consisting of two five-story buildings, is located in Seoce, which is situated on a hill and thus guarantees panoramic sea views and no city bustle. The town of Budva itself is seven minutes away by car, as are some of the best beaches of the Budva Riviera - Jaz, Ploce, and Trsteno.

The complex features two swimming pools, a cozy garden for walks with a relaxation area, and a parking lot with a separate parking space assigned to this apartment and included in its price.

The penthouse, with an area of 103 m2, has two bedrooms, two bathrooms, a living room combined with a kitchen, and a spacious terrace. All apartments in the complex are designed according to a design project that provides high ceilings, quality finishes, and panoramic windows, which helps fill the natural tones of the interior with natural sunlight.

The apartment price includes turnkey finishing, furniture, and appliances: air conditioners in every room, a refrigerator, a washing machine, television, internet, and underfloor heating. At the buyer's request, it is possible to change the penthouse interior by ordering different furniture or tiles, provided that the difference in cost from what is already included in the basic package is paid.

The apartment is sold directly from the developer, and the buyer is exempt from paying the three percent real estate purchase tax.

Also, in this complex there is a neighboring penthouse for sale with a similar layout, an area of 99 m2, and a price of 228,500 euros.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€237,700
Property transfer tax
€8,885
€4,500 (3% × 150,000) + €4,385 (5% × 87,700)

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€9,610
Estimated costs to purchase the propertyTotal: €247,310

Location

What's nearby

  • SchoolAdriatic College1.7 km
  • KindergartenFiksiklub2.2 km
  • GroceriesAnka Market718 m
  • PharmacyMeditas2.0 km
  • HospitalDom zdravlja2.3 km
  • RestaurantEl Rey Budva138 m
  • Bus stopSeoce114 m
  • ATM835 m
  • AirportTivat Airport14.9 km
  • PortMarina Budva2.3 km
  • Sea900 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 900 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
€237,700
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,182/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,221/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,241/mo
Monthly payment
€1,098
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€166,390
Total interest€97,154
Loan amount
€166,390
Total interest
€97,154
Total payment
€263,544

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.

€237,700
€2,308/m²No. 1978