Question 1

Can foreigners buy property in Budva, Montenegro?

Accepted Answer

Yes — foreign nationals can purchase freehold property in Budva on the same legal basis as Montenegrin citizens. Transactions are completed before a notary and registered with the Real Estate Administration.

Question 2

What is the average property price in Budva?

Accepted Answer

Budva property currently trades in the €2,000 – €4,000/m² band, with an average around €2,800 per square metre. Newer builds and seafront locations command a premium.

Question 3

Is Budva a good place to invest in Montenegro?

Accepted Answer

Budva delivers the highest short-term rental yields in Montenegro (7–12% gross). 2.7M tourists visit annually. Strong demand from Russian, UK, and German buyers. EU accession catalyst expected to drive capital appreciation.

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