One-Bedroom Apartment in a Residential Complex with Swimming Pool, Petrovac, Budva

One-bedroom apartment of 49 m2 with a private garden, located in a residential complex with a swimming pool in Petrovac.

The apartment consists of a living room, a kitchen and dining area, one bedroom, and one bathroom. It is situated on the ground floor and features a private garden.

The apartment is being sold unfurnished and is located in a newly built residential complex with a shared swimming pool. It features electric shutters and underfloor heating. A parking space is included in the price.

The property represents an excellent investment opportunity, with strong potential for both short-term tourist rentals and long-term leasing.

Old Town Budva is 18 km away, while Airport Tivat is 38 km away.

At 4,081 € per m² this listing sits about 8% below the median for Budva, which stands at 4,420 € per m² across the 56 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 56 properties in Budva, running from €124,200 to €3,500,000; by price this one ranks 52 of 56. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €200,000 for 49 m², transfer tax comes to €7,000 — an effective 3.5%. 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 5 other for sale listings, asking between €285,000 and €3,500,000, with a median of €1,330,000. At €200,000 for 49 m² this one ranks 6 of 6 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.