“The part of the Adriatic Coast belonging to Montenegro is the purest part of the Mediterranean” ~ Jacques Cousteau
After the stunning Boka Bay, we are introducing you with the central area of Montenegrin coast and the Capital of Montenegrin tourism - Budva.
This medieval city is more than 2,500 years old, making it one of the oldest settlements on the Adriatic coast. Budva is based in the central part of the Montenegrin coast, the area surrounding the city is called the Budva riviera. The city might be small but it is the most popular destination in all of Montenegro, and it is no wonder considering it is a centre for sightseeing and cultural tourism, but also a place with vivid nightlife and plenty of beaches.
Extensive archaeological evidence places Budva among the oldest urban settlements of the Adriatic coast. Substantial documentary evidence provides historical references dating back to the 5th century BC.
A legend recounts that Bouthoe (Βουθόη - Vouthoe) was founded by Cadmus, the founder of Thebes, Greece, when exiled out of Thebes, finding shelter in this place for him and his wife, goddess Harmonia.
The Old Town of Budva is situated on a rocky peninsula, on the southern end of Budva field. Archaeological evidence suggests that Illyrian settlement was formed on the site of the Old Town before Greek colonization of the Adriatic. The entire town is encircled with defensive stone walls. Originally, there were gates on all of the four sides of the walled city. However, sea-facing gates were closed up over the years. The main city gate is Porta di Terra Ferma, the grand entry to the city from the west. It is also the beginning of the city's main thoroughfare, Njegoševa Street.A large public square is located to the north of the citadel, containing all of the churches of the old town - St. Ivan Church (17th century), Santa Maria in Punta Church (840 AD), St Sava Orthodox Church (12th century) and The Holy Trinity Orthodox Church (1804).
The Budva Riviera has some of the most attractive beaches of south Adriatic, and the most pleasant climate in Montenegro.
Among the cultural events and establishments in the city, the annual cultural event Theatre City (Budva Grad Teatar) is of particular importance. Founded in 1987, and held in July and August every year, this festival transforms the entire Old Town into an open-air venue for a programme of theatre, musical, literary and visual art events and performances.
Budva Carnival is a three day long festive event in Budva, happening annually during late April or early May. It has been organized every year since 2003, and although a recent carnival, it has attracted significant regional attention. Budva, together with nearby Kotor, was host to the Federation of European Carnival Cities (FECC) World Carnival City Congress in May 2009.
Budva seems to lead a double life – one in the old, and the other in the new part of the city. Bordered by the high ramparts and decorated with the architecture, dominantly Venetian, the Old Town guards historical and cultural treasures – Roman necropolis and an altar, antique pylons, pre-Christian basilica and many churches. It contains the open and boiling stage of the “Theater City”; literature evenings and concerts at the Poet’s Square, and exhibitions in the city gallery take place every summer. Outside the old town, the new city is expanding and the number of inhabitants is rising.
The Budva Riviera has sandy, stone and pebbly beaches, and those that once belonged to the royal family. There are beaches with reddish, colourful or grey pebbles. Some of them have stepped into the sea, some are sheltered by the small bays, some are exposed to the sun, and some are protected with thick pine-tree shades. Some are facing the islets. But behind each of them, there is at least one fishing village lurking, ready to provide private accommodation.
Budva is a city that is awake until dawn and where no one sleeps for too long. One of the largest Night Clubs is located in Budva and it was awarded for best global nightclub in 2012, as voted by the Monaco International Clubbing Show – Top Hill. Beside the amazing sound system and large capacity The club itself is perched 600 metres high on top of Toplis Hill with unbelievable views of the horizon of the Adriatic sea and it is one of the largest open air clubs in Europe. An intense nightlife, beaches with various activities, big water park in the hills and luxury hotels at the very seaside make the holiday here worth staying awake for.
The city of theatres and summer festivals, has a vibrant real estate market, for your enjoyment in the safe, attractive environment of stunning scenery and luxurious hotels, classy restaurants and the charm of Mediterannean hospitability.
The excellent conditions for buying a property in the Montenegrin metropolis of tourism are second to none. Besides staggering annual rental return of the investment at a stable rate at 6-12%, a successful investment in real estate in Montenegro is lucratively accompanied by the Property Purchase Tax at the rate of “only” 0% if the property is purchased from a developer and favourable 3% tax rate if the property is purchased from a natural person.
Last year we decided to find a new home close to the sea. It was quite difficult in the beginning to make the right choice. Once we found CMM Company was a great luck! We immediately received detailed consultation on the country and purchase opportunities. Being attracted by Kotor - one of the most amazing parts of the coast, we decided to take a family trip and maybe make our dream of new home come true. As just discoverers of Montenegro, we were accepted like at home which was a one more pleasant surprise. The most important, we received all detailed information about country regions and procedure of buying property during the first few days. And how beautiful the car journeys were! Difficult choice, but when you find the home you want you can't refuse it. CMM did best to help us with this finding! All the purchase procedure passed well with CMM professional work! Now we are happy owners of a wonderful house with a Kotor bay view, being perfectly served by CMM Management company (of course, we've chosen CMM as professional house manager). Hope our friends and relatives would also move to Montenegro with the CMM help soon !!!
Kate, 22.03.2019 13:06:21
Just a brief thanks to CMM! I was buying a plot for house construction. They found the best possible options for my inquiry, replied all my questions and made full accomodation till the deal close. Responsible managers, quality service. So greatful to the Company for the job done!
Noah, 15.03.2019 13:13:00
Dear CMM team, just to leave a small feedback on the superjob you've done ! It was not an easy period for us with a child. As we had to sell our home property and decided alternatively buy some nice house at Montenegrin coast. We were truly frightened at the start. My colleague, being your customer, gave a good recommendation, so, we called the office. All the part, covering seach and purchase in Montenegro, was quickly, safe and perfectly done. Good luck and further success and propsperity to the company! Special thanks to Alexander and Snezana for professional approach!
Mariana , 06.03.2019 13:06:00
Always thought that buying property abroad isnervous and difficult task. CMM changed my mindset. I felt support and care in every step: from the first call arranged till receiving the Owner's list. I am also happy about how they make my apartment management. Now, whenever me or my family members come home to Montenegro, I am absolutely confident that my apartment is in the best condition!
Harry, 26.02.2019 13:11:00
Good day! The first time we met professionally organised step by step work with property in the Southern country. It was a nice surprise for me and my spouse. Well-established algorithms helped us to understand country, its particular features, pluses and drawbacks. Professional manager (Petar Kuzmich) helped us to avoid mistaken choice and provided a really wide number of options to choose from. We felt and still do absolutely safe while buying a house. Happy to come across with your company! Will recommend to our neighboors and family friends in first Norway home.
Alice and Andrew, 05.02.2019 13:04:00
As people from the North, we would express our gratitude to CMM team for advice and professionalism! Never met this before dealing with real estate. Perfect job, super-trained experts! Thanks Google we reached you. Now holidays only with CMM! My daughter is in love with Montenegro. Now started to persuade me to buy some flat on the coast. We know to whom to turn for professioanl help now!
Oliver, 23.01.2019 13:08:00