Land Plot in Budva No. 453

Description

The land plot is located in the village of Stanišići, Budva Riviera, three kilometers from Budva along the main road to Cetinje. The distance to the sea is only 2 km, and the altitude is 300 meters above sea level. Engineering utilities have been brought to the plot: electricity, telephone, cable television. The plot is perfectly suited for the construction of a cottage settlement. The plot is urbanized, owned by a Montenegrin legal entity; in the case of selling the entire plot, a company sale is possible in order to optimize taxation. The terrain of the plot is cascading, with a magnificent view of the Budva Riviera, Bečići beach, and St. Nicholas Island. If you are interested, the plot can be divided into 2 parts, or you can separately buy a 135 m2 house on a 1400 m2 plot with electricity and an asphalt road connected for 100,000 euros, plus you can additionally buy 700 m2 of land bordering the plot with the house for 20,000 euros. A separate 700 m2 plot can be purchased for 25,000 euros.

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 2000 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.