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Global Properties

84m² Apartment in Budva, Montenegro No. 742

$ 561 540
12.11.2025 $ 561 540
$ 6 685 per m²
84 Living space, m²
Budva, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Living space, m²
84
ID
742
Type
Apartment
Property description
Description

Budva, center, the promenade. Twelve-storey luxury condo-hotel.

Distance from the sea 30m.

The hotel has 88 rooms and 66 apartments

The property is sold by the Developer, "first hand", so the purchaser is exempt from paying the turnover tax - 3% of the value of the Object.

The beginning of construction in 2022, the end of construction in 2025. The works are carried out in strict compliance with the schedule.…

Apartments for sale, located on floors four to ten, and they have the following parameters:

Number of bedrooms - one, two and three

One and two-bedroom apartments have two bathrooms; three-bedroom apartments have four bathrooms.

Area of apartments:

- With one bedroom - from 83 to 152 square meters;

- With two bedrooms - 163 square meters;

- With three bedrooms - 173 sq.m., and 246 sq.m;

Cost per square meter:

4th floor: 5600; 5700; 5900; 6100 euros

5th floor: 5600; 5700; 6000; 6200 euros

6th floor: 5700; 5800; 6100; 6300 euros

7th floor: 5700; 5800; 6200; 6400 euros

8th floor: 5800; 5900; 6300; 6500 euros

9th floor: 5800; 5900; 6400; 6600 euros

10th floor: 6800; 6900; 7000 euros 

Commercial premises of the first and second floors, have areas from 40 to 517 square meters, with the cost per square meter of 9000 and 10000 euros.

Garage spaces are 30000 euros.

Our specific recommendation:

Apartment #410.

Area 83.58 square meters.

Fourth floor

One bedroom

Two bathrooms

Terrace area of 12.11 square meters.

The price per square meter 5700 euros

Price 476406 euros

Almost all rooms and apartments have a view to the sea and seafront.

Own terraces with green areas and own swimming pools.

Two main entrances - from the seafront and from the prospect.

For the inhabitants of the complex, as well as - all the infrastructure of the complex, which includes offices, stores and a variety of centers of all kinds of services, two restaurants and a cafeteria overlooking the sea and seafront, spa center with pools and gym, a conference room with a separate roofed entrance, which will be a real green oasis. This green oasis on the roof of the conference hall will create a comfortable atmosphere in the hot summer temperatures, and it will become the most popular place of rest for the guests and owners of the apartments of the complex. Each floor has a room for the service personnel serving the rooms and apartments.

The last floors are incredible penthouses with green terraces, hot tubs and stunning views of the sea, the promenade and the Old Town.

The territory of the complex is abundantly landscaped with flowers, perennial plants, shrubs and fruit trees. The perimeter of the complex equipped with comfortable wide pedestrian walkways of gravel and pebble, playgrounds and recreation areas. Lower levels of the complex - parking for 160 cars, as well - technical facilities.

Catalog with plans and sizes of apartments, the prices formed by the Investor at the stage of construction - you can find in the "Additional files", at the bottom of the publication.

By purchasing this property, you get the opportunity to participate in the rental management program five-star hotel complex. You get the opportunity to have a stable income from the rental of your apartment.

Any questions of pricing and individual payment schemes will be settled by the Investor at a personal meeting, when you visit the Object.

The Investor proposes unique loan program for non-residents!

- Interest: from 5,00% + 6 months Euribor;

- Commission for processing the loan: up to 1% of the loan amount;

- term: up to 15 years, with an indication that the recommended term of up to 10 years;

- participation: 40% as collateral for the loan or payment of the purchase price

- security: a bill of exchange of the recipient of the loan and a mortgage on the property to be purchased (until the conditions for registration of the mortgage are met, the bill of exchange of the investor / seller is taken)

Loan Program is designed for non-residents who have no sources of income in Montenegro, as well as for all interested customers, regardless of whether they are non-residents or residents.

The purpose of this Program is the purchase of an apartment from the Investor, here is provided for targeted realization according to the precontract/sale agreement.

Necessary documents:

- main income and personal income - employment contract and confirmation of the amount of income from the employer and/or bank,

- additional income - contracts or documents of additional income,

bank account card issued by the bank for information and receipts and turnovers for the period of 6 or 12 months

- Future rental income (optional)

*all documentation necessary to confirm creditworthiness, which must confirm the flow of funds to repay the loan (for individuals monthly / or annual income must be 2 times higher than the monthly, annual loan obligations)

- completed KYC questionnaire.

Bank reserves the right to request additional documentation and collateral depending on the evaluation of the clients creditworthiness.
Features
Features
  • Fully furnished
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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