Tudorovici 4bdr Villa

Area: 450 m2

Land area: 580 m2

Bedrooms: 4

Bathrooms: 4

Studio apartment for staff

Sauna

Gym

Modern villa of 450 m2 with an outdoor pool and a panoramic view of the Budva Riviera, Tudorovici, Budva.

The villa consists of a living room (42 m2) that can be used as a room for film screenings, 4 main bedrooms with bathrooms and terraces, a gym, a jacuzzi for 6 people, a sauna, all with underfloor heating, a swimming pool, a pergola and an area for deck chairs. in the yard.

The villa has a studio apartment for staff with a separate entrance.

It is located on a plot of land with an area of 580 m2, with the possibility of purchasing an additional plot of land of 1,080 m2.

Construction and finishing works were carried out according to the highest standards, with top-quality materials – branded Italian first-class Florim ceramics, Villeroy Boch sanitary equipment, Dornbracht and Hansgrohe faucets, parquet, aluminum exterior joinery, and interior doors of top quality and design. The exterior facade is made of Maljat-type stone, which is among the best in terms of its characteristics.

At 3,555 € per m² this listing sits about 20% 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 6 of 56. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €1,600,000 for 450 m², transfer tax comes to €88,000 — an effective 5.5%. 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 20 other for sale listings, asking between €185,000 and €3,500,000, with a median of €950,100. At €1,600,000 for 450 m² this one ranks 5 of 21 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.