Apartments for Sale in Budva

Your Complete Guide to Finding and Purchasing Property in Montenegro's Most Popular Coastal Town

Essential Facts About Apartments for Sale in Budva

Price Range

  • • Studio apartments: €85,000 - €150,000
  • • One-bedroom apartments: €120,000 - €250,000
  • • Two-bedroom apartments: €180,000 - €400,000
  • • Luxury apartments: €350,000+

Average Costs

  • • Property tax: 0.25% - 1% annually
  • • Maintenance: €1-2 per m² monthly
  • • Utilities: €100-150 monthly
  • • Insurance: €200-300 annually

Complete Guide to Buying Apartments for Sale in Budva

Legal Requirements

When looking for apartments for sale in Budva, foreign buyers should be aware of the following requirements:

  • Valid passport and proof of funds
  • Property purchase agreement (notarized)

Purchase Process

  1. Property selection and initial offer
  2. Due diligence and legal checks
  3. Reservation agreement and deposit
  4. Final contract and payment
  5. Property registration
  6. Utility connections and setup

Best Locations for Apartments for Sale in Budva

Old Town

Historic center with premium apartments and highest rental potential. Average price: €3,500/m²

  • ✓ Historic charm
  • ✓ Tourist hotspot
  • ✓ High rental demand

Rozino

Modern residential area with new developments. Average price: €2,200/m²

  • ✓ New constructions
  • ✓ Family-friendly
  • ✓ Good infrastructure

Slovenska Plaza

Beachfront location with premium apartments. Average price: €3,000/m²

  • ✓ Beach access
  • ✓ Sea views
  • ✓ Resort amenities

Investment Potential of Apartments for Sale in Budva

Rental Yield

  • Summer season (Jun-Sep): 8-12% yield
  • Annual yield: 5-7% average
  • Property value appreciation: 3-5% annually

Additional Benefits

  • Temporary residence permit eligibility
  • Low property taxes
  • Growing tourism market

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