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Property in Montenegro Team
Riviera Montenegro 2bdr Duplex Apartment
Budva
€495,172
Buying with residence in mind? The permit threshold is €150,000 of tax-assessed value — the figure in the Tax Administration’s transfer tax decision, not the asking price. Citizens of the EU, EEA and Switzerland are exempt from it. How residence through property works →
- Asking price
- €495,172
- Transfer tax
- €21,759
- Notary & registration
- Scales with value
- Price plus transfer tax
- €516,931
We do not record which of the two applies to an individual listing, and it changes the tax entirely: on a first sale the seller accounts for VAT and the buyer owes no transfer tax at all.
Indicative, calculated on the asking price. The taxable value is set by the Tax Administration and may differ. Annual municipal property tax is charged separately and cannot exceed 1% of value.
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 95 m²
- Location
- Budva
- Type
- Apartment
- Transaction
- For sale
- Price per m²
- 5,212 €
- Listing ID
- 33818
Features & amenities
- Cable TV
- Private Parking
- Restaurant
- Sauna
- Sea view
- Security
- Swimming Pool
- Wi-Fi
All photos (13)
Details
About this property
Two-bedroom duplex apartment of 95 m2 within luxury waterfront complex Riviera Montengro 5* Hotel&Resdidences, Budva.
The apartment consists of a large living room with an exit to the terrace, kitchen, dining room, and guest toilet on the lower level, master en suite bedroom, and additional bedroom with bathroom on the upper level.
The apartment is for sale fully furnished according to the 5* hotel standard.
Riviera Montenegro 5* Hotel&Residences is a luxury complex located on the first line to the sea with 212 residential units, a 5* hotel with 144 apartments, and a shopping center with 27 stores.
The future owners will have at their disposal a 600 m infinity pool with numerous restaurants and rooftop bars, a private beach, a shopping mall, a wellness center, a gym, indoor parking, 24-hour concierge service, and numerous other facilities.
Terms of payment: 20% down payment and the rest over 24-month installments + 10% on completion of construction.
VAT is included.
Pre-launch special prices and payment plans are valid until September 2023.
Completion of the works is planned for the end of 2025.
The complex is located 1 km from the Old Town Budva, 10 m from the beach, and 700 m from the marina. The nearest airport in Tivat is 20 km away.
The market around it
At 5,212 € per m² this listing sits about 18% above the median for Budva, which stands at 4,418 € per m² across 49 listings there with both a price and a floor area.
We currently hold 57 priced listings in Budva, running from €124,200 to €5,000,000; by price this one ranks 34 of 57.
Within 5 km of this address we hold 33 other priced for sale listings, asking between €124,200 and €2,100,000, with a median of €479,400. At €495,172 for 95 m² this one ranks 17 of 34 inside that radius.
Location
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