Property in Montenegro is a sound investment, and buyers come to Budva with different goals in mind:
The market offers everything from affordable apartments to luxury villas and modest cottages. The government welcomes foreign buyers, transactions complete quickly, and owners can apply for a residence permit under a simplified procedure. Prices for property in Montenegro remain accessible to the average international buyer.
Among the towns of the Balkan republic, this resort stands out for its energy, busy pace of life and wealth of attractions. In recent years Budva has faced a shortage of land for development: construction in the centre has slowed, with only a few 7–9-storey buildings completed near the heart of the town, while most new builds rise in the suburbs — Becici, Przno and Rafailovici.
The compact town is divided into several districts:
Prices in Budva depend on the condition of the building, floor area, infrastructure and distance to the sea: compact apartments away from the centre suit a holiday stay, while fully furnished two-bedroom apartments and units in new builds command noticeably higher prices.
If a lack of experience with the paperwork is holding you back, call our office: +382 67 999 939 — we will help you become the owner of a property in Budva quickly and safely.