Home/Budva/Sea View Apartment in Budva Old Town
For SaleApartment🌊 200m to sea

Sea View Apartment in Budva Old Town

Budva, MontenegroVerified location
€185,000
2569/m²· 23 views📊 PPTX
Sea View Apartment in Budva Old Town - photo 1
bed
2
bath
1
Size
72m²
🏢
Floor
3/5
Built
2010
Furnishing
Furnished
Parking
Included

Description

Stunning 2-bedroom apartment with panoramic Adriatic sea views, located just 200m from the UNESCO-adjacent Old Town walls. Fully renovated in 2022 with premium finishes. South-facing terrace, air conditioning throughout, secure underground parking. Walking distance to beaches and restaurants. Perfect for holiday rental investment with proven 8% gross yield.

📍 Budva Area Guide

Tourist hotspot with vibrant nightlife, sandy beaches, and a charming medieval Old Town. The most popular destination for international buyers.

🏥 Healthcare

General hospital in Budva (2 km)
Private clinic Mediteran (1 km)

🎓 Education

International school in Montenegro (5 km)
Public school S. M. Ljubiša (1 km)

🏖️ Beaches

Mogren (500 m)
Slovenska Plaža (1 km)
Bečići (3 km)

✈️ Airports

Tivat Airport (20 km, 25 min)
Podgorica Airport (65 km, 1 h)

🚌 Transport

Regular bus to Kotor (30 min)
Taxi to Tivat airport (~€25)

Property Verification

⚠️Tier 1 — Cadastre records found

We located this property in Montenegro's public cadastre and confirmed the parcel exists. Full ownership and encumbrance details could not be retrieved at the time of verification, often due to a temporary delay in the cadastre service.

Confirmed: Cadastral parcel exists
Not confirmed yet: Owner identity, encumbrances, recent transfers
Location
Budva, Budva
Parcel

Verification Status

  • Coordinates provided
  • Parcel number not provided
  • Ownership not independently checked
Get Official Verification

Our team checks ownership records, encumbrances, and building permits against the official cadastre.

Request Verification — €29
🏛️Cadastre DetailsLN 3419
📍POD MAGISTRALOM·Budva
🏠Stambeno-poslovne zgrade· 42142 unitsLegalized
🏗️ Five-story building + Basement
📅 Built 1967
🔴Encumbrance Summary

This property has the following records on its cadastre file:

  • 10 mortgage record(s)
  • 1 sale restriction(s)

Most recent activity: 2024

What this means:

Independent legal review strongly recommended before purchase. The property has lawsuits, multiple mortgages, or sale restrictions on file.

Information sourced from public Montenegro cadastre. Not legal opinion. Independent verification recommended before purchase.

⚖️ Cadastre verification is a first-pass screening based on available public or submitted information. It does not replace legal due diligence, notarial review, or official cadastre confirmation before signing.

€185,000
🏠 Residency Eligible
2569/m² · 72
$214,859 USD · £159,785 GBP · ₺9,874,357 TRY · ₽15,743,568 RUB
10% down: €18,500·20% down: €37,000
👁️ 23 views📅 37 days ago
Ana Petrović
Listed 37 days ago

🎓 Expert Opinion

Get a professional valuation from a local property expert.

Total Cost Calculator

Estimate every fee that lands on top of the asking price.

20% · €37,000
Transfer tax€6,250
Notary (~1%)€1,850
Registration (€150)€150
Legal (~1.5%)€2,775
Total cash needed€48,025
Financed amount€148,000

Buyer fees in Montenegro total ~5–6% of the purchase price.

Financial Tools

Down payment (%)20%
Interest rate (%)5.5%
Term (years)25yr
EST. MONTHLY PAYMENT€909/month
TOTAL INTEREST€124,655
TOTAL PAID€272,655
Compare scenarios
ConservativeBest value
30% down · 20y · 5%
€855/month
+€75,614
Standard
20% down · 25y · 5.5%
€909/month
+€124,655
Aggressive
10% down · 30y · 6%
€998/month
+€192,871

Budva Market Insights

Average price€3,200/m²
This listing€2,569/m²
20% below area average
YoY price change
+12%
Supply
Tight
Rental market
Avg rent
€1,370/month
Gross yield
5.1%

Source: MONSTAT Q4 2024

Buying as a Foreigner?

Foreigners can buy residential property in Montenegro on the same terms as citizens.
No residency required to purchase.
What you need
  • · TIN (tax identification number)
  • · Valid passport
  • · Montenegrin bank account (recommended)
Closing costs on this listing
Transfer tax€6,250
Notary (~1%, min €500)€1,850
Legal fees€1,500 – €3,000
Registration€150
Total on top of price~€9,750€11,250
Residency pathway
This property qualifies for a residency permit.
  • 1-year temporary permit, renewable annually
  • No minimum stay requirement
  • Family members can be included
Read the full foreigner buying guide

Buying Property in Montenegro — FAQ

What documents do I need to buy property in Montenegro?

Foreign buyers need a valid passport, proof of funds, and a Montenegrin tax number (PIB). The process is straightforward and typically completed within 4-8 weeks with the help of a local lawyer.

Are there any restrictions for foreign buyers?

Foreign buyers — EU and non-EU alike — can purchase residential property (apartments, houses, villas) on the same legal basis as Montenegrin citizens. Some restrictions apply: agricultural land, forests, and properties in specific border or protected zones typically require a Montenegrin-registered company. Our team guides you through the entire process.

What are the total buying costs?

Expect 5-8% in additional costs on top of the purchase price: progressive transfer tax (3-6%), notary fees (€50-200), legal fees (1-2%), and registration fees. Use our cost calculator for an exact estimate.

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View Details

What's nearby

Within 500m walking distance

Cafés
  • Akacia86 m
  • Osteria Gigo240 m
  • WOW Caffe240 m
Restaurants
  • Kod Iva99 m
  • Restaurant Aquarius110 m
  • Druga Kuca210 m
Bus stops
  • Bus Station only for tourist buses140 m
  • Crvena zgrada150 m
  • Opština150 m
Pharmacies
  • Поповић240 m
  • Tea Medica350 m
  • Benu370 m
Supermarkets
  • Aroma300 m
  • Budvanska riviera slovenska plaza330 m
  • Mega Market 1370 m

Data from OpenStreetMap (ODbL)