Apartment in Budva for 160,000 euros
The main characteristics of the object
An apartment is offered for sale in the popular tourist town of Budva.
Cost: 160,000 euros.
Area: Two bedrooms, one bathroom, spacious living room with kitchen, terrace.
Location: The beach is about 650 meters away, within walking distance of shops, cafes and main attractions.
Infrastructure: Convenient location for permanent residence or rental.
Description of the area and the city
Budva is one of the most famous resort towns in Montenegro, with a rich history and modern amenities. The city is famous for its sandy beaches, lively promenade and ancient Old Town, which attracts tourists from different countries.
The cultural heritage of Budva includes the period of French domination at the beginning of the XIX century, and then the centennial affiliation of Austria-Hungary. These historical events have left their mark on the architecture and atmosphere of the city.
Advantages of buying a property in Budva
Rental income: During the peak tourist season, rental income can reach 10,000 euros per year. In summer, the demand for housing is high due to the large flow of tourists.
For personal use: The convenient layout of the apartment allows you to use it as a place for rest or permanent residence.
Location: Proximity to the sea and urban infrastructure increases the attractiveness of the facility.
Investment attractiveness
Real estate in Budva shows a steady increase in prices. Over the past five years, apartment prices have increased by an average of 30-35%. For example, in 2018, the cost of similar facilities started from 120,000 euros. The growth is explained by the steady demand for housing in the resort areas of Montenegro.
Obtaining a residence permit
Buying real estate in Montenegro provides an opportunity to obtain a temporary residence permit. To obtain a residence permit, you must provide documents for ownership, medical insurance and confirm financial viability.
Conclusion
This apartment in Budva for 160,000 euros is the perfect combination of comfortable accommodation and a profitable investment. The location in the center of tourist life, proximity to the sea and high rental demand make the property especially attractive for buyers who want to use the property as a source of stable income or their own place to relax.
Apartment in Budva
The apartment consists of two bedrooms, one bathroom, a living room with a kitchen and a terrace. The sea is about 650 meters away.
Today, Budva is the center of the tourist life of the young independent country of Montenegro, modern Budva. At the beginning of the 19th century, the Napoleonic Wars were going on in Europe. In 1807, Budva became free from French rule, but in 1814, after the Peace of Tilsit, Budva fell under the rule of the Austro-Hungarian monarchy, which would rule this land for a hundred years.
