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Global Properties

211m² Apartment in Budva, Montenegro No. 866

$ 719 007
12.11.2025 $ 719 007
$ 3 408 per m²
211 Living space, m²
Budva, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
Living space, m²
211
ID
866
Type
Apartment
Property description
Budva, center, first line. Unique residential complex

Commissioning date - 06/01/2023.

Sale "first hand" - from the Investor. The Buyer is exempt from paying the state real estate turnover tax in the amount of 3% of the value of the Purchased Item.

Area 45000 sq.m.

Distance to the sea 50m.

The complex has a shopping center with an area of 8000 sq.m. here are collected in boutiques all the worlds clothing brands. The best restaurants and cozy cafes on the coast, a conference hall, a 24-hour reception.


A two-story Casino, a congress hall and three gourmet restaurants, with a total area of 2300 sq.m.…

The largest SPA and wellness center in the city, with an area of 3500 sq.m.

eight entrances

Eight elevators

The highest quality of construction - under the constant supervision of regulatory authorities

Finishing materials, household appliances, carpentry and ceramics are of the highest class, from world-famous manufacturers.

Maintenance of apartments - 1 euro per square meter; maintenance of office premises - 2.5 euros per square meter.

 

The concept of the complex "city in the city". Everything is here. And - even more ... A huge range of services provided by the Complex, business opportunities - remotely renting real estate, a management company with year-round maintenance of all apartments and commercial premises, a unique location - near the historical center, the embankment and all urban infrastructure, private territory - all this puts this complex out of competition

It will satisfy any, the most demanding needs of both tourists and apartment owners.

This is the largest complex on the entire Adriatic coast.

All apartments have triple-glazed windows, suspended ceilings, designer lighting, the walls are pasted over with modern designer wallpaper, natural parquet board, underfloor heating system, Villeroy & Boch plumbing - shower cabins or bathtubs, floors - Travertini marble and granite, Venetian mosaic tiles Valentino glass.

The facade of the complex is lined with natural beige granite by Travertini

 

The uniqueness of our offer has many aspects:

1 - in the possibility of buying apartments at the stage of construction - 30-50% cheaper than ready-made analogues

2 - in the possibility of obtaining all the benefits from participating in the rental business of the Complex itself - your property brings a net income of up to 40% of the total income of the Complex. At the same time, all responsibilities for managing your property are performed by the Complex itself; You are not looking for opportunities to ensure the tourist filling of your apartments, you do not care about their physical condition, and about other "hardships" of this business - you just sign the Agreement and receive your stable income - ALL YEAR ROUND(!!!).

3 - long-term guarantee from the Investor for all work, household appliances and furniture

4 - the possibility of obtaining individual payment plans, repayment schedules, as well as - individual discounts; provided at a personal meeting, after visiting the Object

5 - possibility of payment in rubles

6 – all our prices already include VAT, and the proposed sale price for legal entities does not change

 

Our specific recommendation:

Combined one bedroom apartment and studio apartment

B301-302

Floor - fifth

living area 211.26 sq.m., including:

- terrace area 130.99 sq.m.

View - the city

Structure:

This apartment consists of a studio apartment with a private bathroom.

The one bedroom apartment consists of a living room with a dining area and a kitchen, a large bathroom, one bedroom with a private terrace of 7.18 sq.m.

Both apartments are connected by a common terrace of 127.31 sq.m., overlooking the city.

Price

- the first option - 610,000 euros

Payment of 70% upon signing the Sale and Purchase Agreement, the remaining 30% - monthly, in equal installments until the end of construction

- second option - 690,000 euros

Payment of 90% upon signing the Sale and Purchase Agreement, the remaining 30% - monthly, in equal installments until the end of construction

Garage space 15 sq.m. purchased separately, at a price of 30,000 euros.

We provide property management services and help you rent out your apartments.

At the same time, the expected income from renting apartment B301-I302 is 45,000 euros per year - based on the minimum annual occupancy - at least 100 nights per year.
Features
Features
  • Fully furnished
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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