Residential Complex in Budva No. 2093

Description

The new residential complex in the very center of Budva, ROYAL CENTRAL RESIDENCE, is an excellent combination of clean urban lines, a fresh investor’s perspective combined with modern architecture and a clean green environment. The elegance of the living space, light, luxurious surroundings combined with natural materials, stone and wood, and large glass surfaces emphasize the architects’ incredible idea of reflecting the modern rhythm of future owners.

The main feature of the apartments is the maximum use of space, created according to the principle of “flowing space” — the living room, kitchen and dining room are united into one whole, creating an impressive sense of spaciousness, emphasized by the panoramic view from the window.

A unique quiet location in the center of Budva, not burdened by dense urban development, surrounded by greenery, and at the same time in the immediate vicinity of attractive places for leisure, shops and restaurants.
The seaside promenade, restaurants, evergreen parks and recreation areas are located less than 5 minutes from the Old Town. There is also a kindergarten, primary and secondary school, shopping center, supermarkets, cinema.

We offer for sale various apartment options from the first to the sixth floor, namely:

First floor:

A03 — 43 square meters + green terrace (15.86) for 201,750.00 euros.
A01 — 47 square meters + green terrace (15.2) for 213,650.00 euros.
A02 — 47 square meters + green terrace (12.48) for 213,650.00 euros.
A04 — 45 square meters for 179,550.00 euros.
A05 — 42 square meters for 167,550.00 euros.

Second floor:

A06 — 77 square meters for 307,250.00 euros
A07 — 47 square meters for 197,000.00 euros.

Third floor:

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 100 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.