1 bedroom apartment 58 m² Budva, Montenegro

Budva, Montenegro
€134,534
€2,310/m²
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Location

  • Country
    Montenegro
  • Region
    Budva Municipality
  • Town
    Budva

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €2,310/m²
  • Floor
    Floor
    4
  • Rooms
    Rooms
    2
  • Bedrooms
    Bedrooms
    1
  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    58 m²
  • Living area
    Living area
    45 m²

Building parameters

  • The year of construction
    The year of construction
    2024
  • Number of floors
    Number of floors
    6

Interior details

Interior Features:

  • Double-glazed windows
  • Balcony

Security features:

  • Video surveillance

Property condition:

  • Renovated

Exterior details

Parking features:

  • Parking

Exterior features:

  • Garage
  • Elevator

View:

  • Mountain view
  • Sea view

Description

Budwan Riviera, Becici district. & Nbsp; New residential complex in a popular area.Distance to the sea 500mSea viewFloors & ndash; eight of them:- two-story underground garage- six residential floorsIndoor Outdoor with Panoramic Sea and Mountain ViewIn total, the complex has 95 apartments,Apartments & ndash; from 52 sq.m., to 101 sq.m.The cost of one square meter & ndash; from 2260 to 3050 euros.Start of construction - November 2021, completion of construction - November 2024Property for sale from Developer, & quot; first hand & quot ;, therefore, the Buyer is exempt from paying the state tax on real estate - in the amount of 3% of the value of the Object. At the time of publication, July 22, 2022, 20 apartments were sold and 18 apartments were reserved. Garage Places & ndash; 73, of which double places & ndash; 35. In total, 108 cars will be placed in the underground garage.The cost of a single garage space is 20,000 euros, double 25,000 euros.Storerooms - 18. Cost from 10 to 20 thousand euros. Our specific recommendation:Apartment 306Floor & ndash; thirdSea viewArea 58.24 sq.m.Bedrooms & ndash; oneThe cost of a square meter is 2310 eurosPrice 134534 euros The complex is conveniently located on the side of the mountain, with beautiful panoramic sea views, it is remote from the bustle of the city, nearby, for hiking & ndash; embankment, 7km long, as well as & ndash; three & nbsp; large beaches, one of which is Bečichi beach & ndash; considered since 1938 to be the best beach of the Adriatic. To the old town of Budva on the promenade 20 minutes on foot. Tivat Airport is 30 minutes by car, Podgorica Airport is 1 hour.  A unique lending program for non-residents!- interest rate: from 5.00% + six-month Euribor;- commission for obtaining a loan: up to 1% of the loan amount;- term: up to 15 years, indicating that the recommended period is up to 10 years;- participation: 40% in the form of collateral for a loan or payment of the purchase price- collateral: the beneficiary's bill of credit and the mortgage on the acquired property ( before the conditions for the registration of the mortgage, the investor / seller’s bill ) is takenThe lending program is intended for non-residents who do not have sources of income in Montenegro, as well as for all interested clients, regardless of whether they are non-residents or residents.The purpose of this program is & nbsp; purchase of an apartment from an Investor, it provides for targeted implementation according to the pre-contract / contract of sale.Necessary documents:- basic income and personal income - an employment contract and confirmation of the amount of income from the employer and / or bank,- additional income - contracts or documents on additional income,account card issued by the bank for information and parishes and revolutions for a period of 6 or 12 months- future rental income of real estate ( optional )*all the documentation necessary to confirm creditworthiness, which must confirm the cash flow for paying off the loan ( for individuals, the monthly / or annual income should be 2 times higher than the monthly, annual loan obligations )- completed KYC questionnaire.The Bank reserves the right to request additional documentation and collateral depending on the credit rating of the client. Real estate by the sea with a competent location is now considered as objects of investment with year-round ( and not seasonal ) profitability. Investing in real estate by the sea has become more profitable than ever.The attractiveness of investments in real estate in Montenegro is due to the stability of passive income, rising real estate prices, an increase in investment in housing construction, and the stability of valuation of assets in Eurocurrency, obtaining a residence permit, Montenegro’s early accession to the EU, the constant growth of tourist flow, the low level of ( almost the absence of ) crime, ecology.Modern Montenegro & ndash; a stable democratic state with a low inflation rate of ( 3.4% ), one of the lowest in Europe ( 9% ) tax on income of individuals and legal entities. Immunity of property rights, zero inheritance tax rate, low tax rate ( 3% ) on transfer of ownership to others, large tax benefits in the field of sea tourism & ndash; here are just some of the benefits, which you get here.We issue a residence permit upon purchase!Legal support!

Updated at: 09/09/2022

Location on the map

Budva, Montenegro

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