Apartment of 90 m2 in Budva, Podmajne district for 1833 euros/m2
The main characteristics of the object
Area: 90 m2
Floor: 1 (landing) out of 5
Rooms: living room with kitchen, 2 bedrooms, bathroom
Furniture and appliances: included in the price
Parking: near the house
Distance to the sea: 1000 m
Cost: reduced by 10,000 euros, 1833 euros/m2
Advantages of real estate in Budva
Budva is one of the most sought–after resorts in Montenegro, attracting tourists and investors. The developed infrastructure, warm climate, clean beaches and high demand for rent make the purchase of real estate in this city a profitable investment. The apartment in the Podmaine area is suitable for permanent residence, seasonal holidays or rental. The average cost of renting such housing in the summer season is 100-150 euros per day, in winter – from 600 euros per month.
Budva is known for its medieval Old Fortress, narrow streets, restaurants with local cuisine and rich nightlife. The picturesque beaches of Mogren, Yaz and Becici are located in the surrounding area. The average temperature in summer is +28 °C, in winter – +12 °C. Many famous personalities, including world sports and show business stars, purchase real estate in this region.
Over the past 5 years, the value of real estate in Budva has increased by 35%. The high demand among tourists and the steady rise in prices make the purchase of an apartment strategically advantageous. An additional advantage is the possibility of obtaining a residence permit when purchasing real estate in Montenegro.