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Global Properties

60 bedrooms House in Budva, Montenegro No. 1617

$ 6 152 814
12.11.2025 $ 6 152 814
$ 1 706 per m²
60 Bedrooms
3607 Living space, m²
Budva, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Bedrooms
60
Living space, m²
3607
ID
1617
Type
House
Property description
Budva Riviera, Markovichi district. The investment project is ready 80%
Sold only as a complete set

A unique price!!!

The price of one square meter is 1,450 euros

All apartments are already registered in the Cadastral register!!!

The object is not under collateral and other encumbrances, all documents are clean, the current condition of the SHELL&CORE facility is all communications, all Windows are double–glazed, floors are with concrete screed.
Completion of interior finishing works is required.

The distance to the sea is 4 km.

Sea view

The total area is 3607 sq.m.…

The plot area is 4360 sq.m.

The height above sea level is 300m.
The buildings are built on independent cushions, which ensures earthquake resistance of 9 points

The complex is designed with maximum privacy in mind – here you get all the advantages of a country house.

Each apartment has its own fireplace and its own chimney

There are only two apartments on one floor

Large outdoor heated pool – 50*8m.

Panoramic view

Separate territory

The complex consists of three detached five-storey buildings

Each building has ten apartments ranging from 116 to 128 sq.m.

There is the possibility of building two additional blocks - on the free part of the Project site

The living rooms and terraces of each apartment face south and have stunning panoramic views

Apartment structure: A living room, a kitchen-dining room, a guest bathroom, two bedrooms – each with a separate bathroom, two large hydro-massage bathrooms: one on the terrace and the second in the bathroom, split systems in the apartments and throughout the complex, a spacious terrace with views of the sea, the islands of St. Nikola, Sveti Stefan and Budva.

The territory will be equipped for active and relaxed recreation

The pool is 50x8 m.

Tennis court.

Gyms and saunas.

Recreational areas with furniture throughout the complex.

Childrens playground.

Open and closed parking area for 30 cars.

A green area with Mediterranean plants.

Barbecue areas on the roof terraces and in the courtyard.

Restaurant-Bar

Water supply is urban

There is a private aquifer, which provides almost free use of the pool(!)

The well is connected to two reserve tanks with a volume of 300 m3 each, clean spring drinking water is always available, although there are no problems with water supply

The 8mm x 6mm x 8mm STOPSOL double–glazed windows are filled with argon - they retain heat and block ultraviolet light.

The visor on the front side of the facade and pergolas on the floors protect from rain and sun.

Columns on the terraces protect from crosswinds and direct sunlight.

Wealthy people from all over the world who appreciate comfort, unity with nature, and proximity to the "benefits of civilization" rest and purchase real estate in this location.

The complex is located 250 meters from the Budva-Podgorica highway

Distances:

Tivat Airport is 26 kilometers away, Podgorica Airport is 65 kilometers away, Chilipi - Dubrovnik Airport is 77 kilometers away.

Seaports: Bar – 41 kilometers, communication with Italy; Kotor – 28 kilometers – cruise ships enter; Porto Montenegro – 30 kilometers – parking of elite yachts from all over the world

To fully complete the work on the Project - pool + territory + interior decoration of apartments, an additional investment amount of 1,500,000 euros is required.
The total cost of one square meter will increase at the end of the entire Project to 1863 euros.
This cost is significantly lower than the existing market prices for the start of construction from other Developers, who offer a price of 2600 euros - “on the foundation pit”, but the price rises to 3000 - 5000 euros per square meter before the completion of work.

The investment attractiveness of this Project is expressed in the financial benefits that the Investor receives upon completion of sales. This is approximately, taking into account the minimum selling price of 3,000 euros per square meter:

- Project cost at the sales stage: 5,220,000 euros

- cost of the completed Project: 6,719,841 euros

- total sales value at minimum price: 10,821,000 euros

- minimal profit before taxes 4101159 euros

The Adriatic Sea is the cleanest in Europe.
You can get here by yacht – from anywhere in the world.
To any city in Europe – by plane 1-3 hours
To Italy – one night by ferry
Venice is 900 km away, or 10 hours by car

Montenegro has the official status of the most environmentally friendly country in Europe
The air temperature in summer is +27+43 degrees, in winter +15, terraces of cafes and restaurants are open all year round
You will find the cleanest beaches with a variety of services, with bars and restaurants, two international airports, architectural monuments under UNESCO protection, ski resorts and elite world–class club services for yachtsmen, as well as 290 sunny days a year, clean ecology and low cost of living, and much more…

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
Indoor facilities
  • Elevator
Outdoor features
  • Car park
  • Swimming pool
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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