AI Summary
A unique land plot in picturesque Budva, located just 800 meters from the azure sea. This is the perfect space to bring your architectural project to life in one of the most sought-after and prestigious resort destinations in Montenegro.
Details
Land area
1932 м²
To sea
800 m
Description
A plot of land is for sale, located in the suburb of Budva, in the village of Petrovac. The plot has an area of 1932 m2 and is located just 800 meters from the sea. The plot offers a beautiful view of the mountains. It is possible to build houses or buildings with a total area of 2400 m2, five floors. (P+4)
Estimated purchase transaction costs
Approximate breakdown of additional costs when buying
- Property price
- 450 000 €
- Real estate transfer tax
- 19 500 €
4 500 € (3% × 150 000) + 15 000 € (5% × 300 000)
Possible additional costs
- Cadastre applicationsfrom 30 €
- Ownership sheets (listovi) for the dealfrom 7 €
- Sworn translator services· per contract / hourfrom 50 €
Total required costs20 427 €
Estimated costs to purchase the propertyTotal: 470 427 €
Location
What's nearby
- SchoolОсновна школа Мирко Срзентић333 m
- KindergartenДечији вртић Љубица Јовановић Маша265 m
- GroceriesVoli29 m
- Pharmacy286 m
- RestaurantPod Lozom46 m
- Bus stopPetrovac (centar)459 m
- ATM202 m
- AirportTivat Airport28.6 km
- PortMarina Budva12.1 km
- Sea800 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 800 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 polishedProperty price
€450,000
yrs
5 yrs30 yrs
%
3%9%
Ставки банков
Beta · still being polished
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,239/мес
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,312/мес
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,349/мес
Monthly payment
€2,079
Over 240 months · at 5.0% p.a.
Loan amount€315,000
Total interest€183,927
Loan amount
€315,000
Total interest
€183,927
Total payment
€498,927
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.
