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What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

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For Sale, Land, Tudorovici, Budva | €290,260

PROPERTY DESCRIPTION

Investment land in Tudorovići (Blizikuće) — between Budva and Petrovac

For sale is urbanized land with a total area of 1,262 m², located in the prestigious settlement of Tudorovići – Blizikuće, just a few minutes' drive from Budva and the most beautiful beaches of the Montenegrin coast.

The land consists of six cadastral parcels, for which the same urban parameters apply:

These parameters allow for the realization of a project of modern villas, family houses, or a small apartment complex.

There is also the possibility of purchasing an additional part of the parcel with access to the main road.

Tudorovići is one of the most attractive locations on the Budva Riviera. This area offers an ideal combination of tranquility, clean mountain air, and untouched nature, with excellent road connectivity and exceptional investment potential.

Distances:

This land represents an excellent opportunity both for the construction of private villas and for the development of a small residential or tourist project in one of the most sought-after locations on the Montenegrin coast.