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Global Properties

92m² Apartment in Budva, Montenegro No. 1536

$ 172 401
12.11.2025 $ 172 401
$ 1 874 per m²
92 Living space, m²
Budva, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Living space, m²
92
ID
1536
Type
Apartment
Property description
The Budva Riviera. A new residential complex of four small apartment buildings with an outdoor swimming pool

The completion date of the first phase is 06/01/2025; the end of the second phase is 07/01/2025.

The buyer is exempt from paying the state tax on the turnover of real estate – the sale is carried out "first-hand" - from the Investor

The distance to the sea is 3km.

The first two phases of the project offer 24 apartments

Apartment format - studio apartments, one-bedroom apartments, two-bedroom apartments

The area of the apartments is from 20 sq.m. to 92 sq.m.…

The complex has its own independent central heating for all objects

Management company

24-hour reception

The cost of one square meter at the initial stage of construction is from 1,450 euros to 1,700 euros(!!!)

The investor offers an installment payment - until the end of construction

The first entry is 30 % of the cost of the object

The payment scheme is discussed individually, taking into account the capabilities of each Client, at a personal meeting with the Investor at the Facility

The complex is located in a suburban area, at the foot of the mountains, in an area surrounded by lush Montenegrin vegetation and low-rise residential buildings. There is a grocery supermarket, a bus stop, and a restaurant serving Balkan cuisine in the vicinity. Popular beaches are a five–minute drive away.

At the time of publication – 06/01/2024, nine out of 24 apartments remain unsold in the objects of the first phase

Our specific recommendation:

B2

One-bedroom apartment

The total area is 91.69 sq.m., including:

- living area of 43.01 sq.m.

- the area of the green courtyard is 48.68 sq.m.

The price is 147200 euros

An apartment plan with an indication of the area, you will find in the "Additional files" at the bottom of the publication

Real estate by the sea with a competent location is now considered as investment objects with year-round (rather than seasonal) profitability. Investing in real estate by the sea has become more profitable than ever.

Additional information is available upon request with the registration of the Buyer(!!!)

Any questions about price optimization, payment procedure, and others are decided only by the Seller, at a personal meeting (!!!)
Features
Features
  • Fully furnished
Indoor facilities
  • Elevator
Outdoor features
  • Car park
Statistics Budva
$ 4 226
Price per m²
162
Quality of Life Index
49
Cost of living Index
Parameters
[:second_city:]
Budva
Difference
Monthly Rent Cost
1-Room Apartment
$ 849
2-Room Apartment
$ 579
Apartment Purchase Price per m²
In the City Center
$ 4 226
Outside the City Center
$ 3 141
Crime Index
26
Cost of Living and Rent Index
38
Purchasing Power Index
55
Property Price to Income Ratio
17
Safety Index
74
Traffic CO₂ Index
0
Traffic Inefficiency Index
5
Rent Index
23
Health Care Index
51
Groceries Index
42
Pollution Index
25
Traffic Commute Time Index
17
Restaurant Price Index
56
Climate Index
90
Cost of Living Index
49
Quality of Life Index
162
Traffic Index
23
Restaurants
Meal, Inexpensive Restaurant
$ 14.68
Meal for 2 People, Mid-range Restaurant, Three-course
$ 66.92
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.74
Domestic Beer (0.5 liter draught)
$ 3.52
Imported Beer (0.33 liter bottle)
$ 3.82
Coke/Pepsi (0.33 liter bottle)
$ 2.04
Water (0.33 liter bottle)
$ 1.36
Cappuccino (regular)
$ 3.23
Markets
Milk (regular), (1 liter)
$ 1.27
Loaf of Fresh White Bread (500g)
$ 1.09
Eggs (regular) (12)
$ 3.22
Local Cheese (1kg)
$ 9.27
Water (1.5 liter bottle)
$ 1.19
Bottle of Wine (Mid-Range)
$ 6.46
Domestic Beer (0.5 liter bottle)
$ 1.19
Imported Beer (0.33 liter bottle)
$ 1.80
Cigarettes 20 Pack (Marlboro)
$ 4.46
Apples (1kg)
$ 1.41
Chicken Fillets (1kg)
$ 9.64
Oranges (1kg)
$ 1.66
Potato (1kg)
$ 0.97
Lettuce (1 head)
$ 1.77
Rice (white), (1kg)
$ 2.32
Tomato (1kg)
$ 3.16
Banana (1kg)
$ 1.79
Onion (1kg)
$ 1.21
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.20
Transportation
One-way Ticket (Local Transport)
$ 2.94
Monthly Pass (Regular Price)
$ 41.09
Gasoline (1 liter)
$ 1.75
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 30 524
Taxi Start (Normal Tariff)
$ 1.17
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 17.61
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 27 002
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 155
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.31
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 16.33
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 062
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 54.30
Tennis Court Rent (1 Hour on Weekend)
$ 22.60
Cinema, International Release, 1 Seat
$ 5.87
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 110
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.96
1 Pair of Nike Running Shoes (Mid-Range)
$ 96.86
1 Pair of Men Leather Business Shoes
$ 188
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 421
International Primary School, Yearly for 1 Child
$ 10 214
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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