Global.Properties is a functional tool designed for foreigners looking to buy real estate in Becici and other areas of the country. The website's catalogue features over 2 listings with property in Montenegro. To find a suitable option, you should:
- Use the search system. Numerous filters can help narrow down the results. You can choose your desired price and area, the number of rooms, location, whether the property is furnished or unfurnished, the construction stage and more.
- Sort the search results. For more budget-friendly options, sort by price ascending; for recently listed housing units, sort by date.
- Contact the seller by phone or through personal messages. Agency and developer contacts are provided in each listing.
- Minimum property prices in Becici: USD 151
- Maximum cost of property in Becici, Budva: USD 3 million
- Minimum area: 36.49 m²
- Largest apartments and villas in Montenegro, Becici: 632 m²
Investing in villas and apartments in Montenegro can qualify you for a Golden Visa. The cost and type of real estate do not matter and both residential and commercial premises are eligible. To participate in the programme, you must document ownership of at least 50% of the property and each owner must also own at least 12 square metres of the total living area.
Property in Becici
Purchasing properties in Becici, Montenegro, is a straightforward process that involves several key steps. Initially, potential buyers should engage a local real estate agent to navigate the market and identify suitable properties. Once a housing unit is selected, a preliminary contract is signed and a deposit, typically 10% of the purchase price, is paid. The buyer then conducts due diligence, including verifying ownership and ensuring no encumbrances. The final step involves signing the main contract in the presence of a notary, followed by registering the unit with the local land registry.
Becici, a coastal town in the Budva municipality, is renowned for its stunning sandy beach, which stretches for nearly two kilometres. The area boasts well-developed infrastructure, including modern hotels, restaurants and recreational facilities, making it a popular destination for both tourists and investors. The town's infrastructure is designed to cater to the needs of its residents and visitors, with amenities such as supermarkets, healthcare facilities and schools readily available.
The market of properties in Becici for investment offers a variety of housing types, with apartments and villas being the most sought-after. Apartments, often located in modern residential complexes, provide amenities such as swimming pools, gyms and security services. Villas, on the other hand, offer more privacy and space, often featuring private gardens and panoramic sea views.
Investing in property for sale in Becici is highly attractive due to several factors. The town's popularity as a tourist destination ensures a steady demand for rental properties, providing investors with a reliable income stream. Additionally, Montenegro's favourable tax regime, with no tax for non-residents and low capital gains tax, enhances the investment appeal. The country's strategic location and ongoing infrastructure developments further contribute to the potential for housing value appreciation.
Reasons for investing in property in Becici
- High Rental Yields: The rental market in this coastal town is robust, with average rental yields ranging from 5% to 8.2% as of Q2 2023. This makes it an attractive option for investors seeking steady rental income.
- Strong Return on Investment (ROI): Real estate investments in Montenegro, particularly in popular areas like this one, have shown promising ROI figures. For instance, properties in coastal regions have seen significant appreciation, with some areas experiencing price increases of up to 50% over recent years.
- Growing Real Estate Market: The real estate market in Montenegro is projected to grow by 5.41% annually from 2024 to 2028, reaching a market volume of approximately $27.83 billion by 2028. This growth is driven by increasing demand from both local and international buyers.
- Favourable Tax Regime: Montenegro offers a favourable tax environment for investors. There is no real estate tax for non-residents, and the capital gains tax is relatively low, enhancing the overall investment appeal.
- Tourism-Driven Demand: The town's popularity as a tourist destination ensures a steady demand for rental properties. With nearly two kilometres of sandy beaches and a well-developed infrastructure, it attracts a significant number of tourists annually, boosting the rental market.
- Off-Plan Opportunities: There's a substantial amount of off-plan housing units available, providing investors with the opportunity to purchase at lower prices and benefit from capital appreciation upon completion. This is particularly appealing in a growing market.
- Strategic Location and Infrastructure: The town's strategic location along the Adriatic coast, combined with ongoing infrastructure developments, such as improved road networks and modern amenities, further enhances its attractiveness for investment.
- Economic Stability and Growth: Montenegro's stable economic environment and efforts to join the European Union contribute to a secure investment climate. The country's GDP growth and increasing foreign direct investment are positive indicators for the real estate market.
Buying real estate in Becici
Purchasing real estate for sale in Becici is a seamless process with the help of Global.Properties. The platform offers a comprehensive selection of real estate options, from modern apartments to luxurious villas, catering to various preferences and budgets. With its user-friendly interface, potential buyers can easily navigate through listings, view detailed descriptions and access high-quality images, making the search process efficient and enjoyable.
Global.Properties also provides valuable insights into the local market, helping investors make informed decisions. The platform's extensive database and advanced search filters ensure that finding the perfect unit, whether in this charming town or elsewhere in Montenegro, is both straightforward and convenient.