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AI Summary

A luxurious commercial property with an area of 626 sq. m in the heart of Budva is an ideal investment with high income potential. The spacious building with expressive architecture and stylish exteriors is located in one of the most sought-after locations on the Montenegrin coast.

No. 2055

Premises in Harmonia No. 2055

Budva · Budva Riviera
€2,200,000

Details

Area
626 m²
Floor
1/?
Parking
Yes
Price per m²
€3,514

Description

Sale and long-term rental of a commercial space in the Harmonia aparthotel in the city of Budva.

A 626-square-meter shell space with an open-plan layout and a separate entrance, suitable for any type of business.

First floor, without windows. Can be divided into units starting from 200 m2.

Amenities

Air conditioningParkingManagement company

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€2,200,000
Property transfer tax
€124,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €102,000 (6% × 1,700,000)

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€126,785
Estimated costs to purchase the propertyTotal: €2,326,785

Location

What's nearby

  • SchoolE-Gimnazija1.9 km
  • Kindergarten574 m
  • Groceries408 m
  • PharmacyHerbora471 m
  • HospitalDom zdravlja1.7 km
  • RestaurantDukley Seafront Restaurant28 m
  • Bus stopZavala55 m
  • ATM614 m
  • AirportTivat Airport17.4 km
  • PortMarina Budva1.5 km
  • Sea24 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
€2,200,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€10,944/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€11,301/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€11,482/mo
Monthly payment
€10,163
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€1,540,000
Total interest€899,196
Loan amount
€1,540,000
Total interest
€899,196
Total payment
€2,439,196

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.

€2,200,000
€3,514/m²No. 2055