Apartment in the center of Budva, 50 m2, price 120,000 euros
Object Parameters
Location: the center of Budva, Montenegro.
Floor: ground floor.
Apartment size: 50 m2.
Layout: living room, kitchen, one bedroom, bathroom, terrace.
Distance to the sea: 500 m.
Cost: 120,000 euros.
Description of the area and advantages of the purchase
Budva is one of the most popular resorts in Montenegro, known for its mild climate, well—developed infrastructure and convenient transport accessibility. The city attracts tourists due to its ancient architecture, beaches of the Adriatic Sea and active cultural life.
The apartment in the center of Budva is suitable for both your own living and for renting. Due to its convenient location within walking distance from the sea and central attractions, such housing is in high demand among tourists. The average rental price per season is 50-70 euros per day, which allows you to recoup your investment in a few years.
The possibility of obtaining a residence permit
The purchase of real estate in Montenegro worth 120,000 euros or more may be the basis for obtaining a temporary residence permit. This gives the right to freely stay in the country and access to its social infrastructure.
Real estate market analysis
Over the past five years, apartment prices in Budva have increased by an average of 25%. The main reasons for the growth are an increase in the tourist flow, the stabilization of the economic situation and the launch of a program for Montenegro's accession to the European Union. Budva remains an attractive investment region due to the steady demand for housing and the projected further increase in prices.
Conclusion
An apartment in the center of Budva is a profitable investment. The property can be used both for personal residence and as a profitable real estate. For more information or to arrange an inspection, please contact us.
