Luxury 2-bdr apartment, Victoria Residence, Budva

Living area: 94 m² Bedrooms: 2 Bathrooms: 1 + guest toilet Distance from the sea: 100 m Sea view: partial Year of construction: 2016

A prestigious two-bedroom apartment in the Victoria Residence building in the center of Budva, facing southeast, toward Slovenska Beach and Bečići.

It consists of a kitchen, living room, dining area, hallway, bathroom, toilet, two bedrooms, and a large balcony. The apartment is sold fully furnished and equipped with top-quality household appliances.

The surface area is 94 m² and it is located in the very center of Budva, next to TQ Plaza, just 100 meters from the sea. The apartment’s layout and large glass surfaces allow abundant natural light.

LOCATION: City center, next to the green market and the “TQ PLAZA” shopping center.

CONSTRUCTION: External façade – thermal and waterproof insulation of exterior walls with modern aluminum panels. Electrical installations include: TV, telephone, internet, intercom with installed video surveillance cameras.

WINDOWS: – Aluminum joinery with triple glazing – Tinted reflective gray glass, made of composite materials with a metal frame

Fire protection system, satellite TV, 2 elevators (630 kg each)

At 5,100 € per m² this listing sits about 15% above the median for Budva, which stands at 4,418 € per m² across the 56 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 56 properties in Budva, running from €124,200 to €3,500,000; by price this one ranks 35 of 56. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €479,400 for 94 m², transfer tax comes to €20,970 — an effective 4.4%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 38 other for sale listings, asking between €124,200 and €2,100,000, with a median of €550,000. At €479,400 for 94 m² this one ranks 23 of 39 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.