For Sale

2 bedroom Apartments in Budva, Budva Municipality, Montenegro – MRETT-12

MRETT-12

Property ID

51 m2

Size

2

Bedrooms

1

Bathroom

โ‚ฌ168,000

Description

This 2 bedroom apartment in Budva, Montenegro is a central, fully furnished and equipped property in the Hotel Moskva zone of the city’s main boulevard โ€” one of Budva’s consistently highest-demand rental addresses. At 51 mยฒ, the apartment delivers a corridor entrance, open living room, a separate kitchen, two bedrooms, one bathroom, and a private terrace. Everything in great condition, move-in ready, income-ready from day one. There is also an option to purchase the ground floor unit with its own 200 mยฒ garden separately โ€” making this listing an entry point into a rare compound opportunity in the heart of Budva.

Two bedrooms with a separate kitchen is a specific and high-value configuration in Budva’s short-term rental market. It attracts families and small groups who actively filter out studio apartments and hotel-style rooms โ€” a segment with higher average stay lengths and a strong preference for direct booking. The Hotel Moskva zone puts this 2 bedroom apartment in Budva at the intersection of the city’s beach access, Old Town walkability, and full urban infrastructure. View all apartments for sale in Budva for comparison.

Location โ€” Central Budva, Near Hotel Moskva

The apartment sits in Budva’s central boulevard zone close to Hotel Moskva on Slovenska obala โ€” the main urban axis of the city, equidistant from the beachfront and the commercial centre. Key distances:

Adriatic Sea and Slovenska plaลพa (Slovenska Beach) โ€” 5 min walk
Budva Old Town (Stari Grad) and City Beach (Gradska plaลพa) โ€” 8 min walk
Mogren Beach โ€” 1.5 km (15 min walk)
Budva Riviera promenade โ€” 3 min walk
Hotel Moskva โ€” 2 min walk
Tivat Airport and Porto Montenegro โ€” 25 km (20 min drive)
Podgorica International Airport โ€” 65 km (55 min drive)

Property Features โ€” 2 Bedroom Apartment Budva, Montenegro

Living Area: 51 mยฒ
Bedrooms: 2
Bathrooms: 1
Layout: Corridor, living room, separate kitchen, 2 bedrooms, 1 bathroom, terrace
Terrace: Yes โ€” private
Furnishing: Fully furnished and equipped โ€” move-in ready, great condition
Location: Central Budva, near Hotel Moskva, main boulevard zone
Additional Option: Ground floor unit with 200 mยฒ garden available for separate purchase

Investment Potential โ€” 2 Bedroom Apartment in Budva

Budva is Montenegro’s highest short-term rental market โ€” over 1 million visitors annually, peak occupancy consistently above 90% in July and August. A 2 bedroom apartment in Budva with a separate kitchen in the Hotel Moskva zone sits at the top of the rental demand curve for several compounding reasons. Key investment points:

Two bedrooms target families and groups โ€” the highest-paying and longest-staying segment in the Budva short-term market, who specifically filter for multi-bedroom properties with kitchen
Separate kitchen is a decisive listing filter on Airbnb and Booking.com โ€” it excludes hotel rooms and studio conversions, reducing direct competition and supporting a nightly rate premium
Hotel Moskva zone is within the 5-minute walk radius of Slovenska Beach โ€” the threshold above which short-term rental occupancy and pricing start to drop in Budva
Private terrace adds outdoor space that a significant share of Budva apartments at this price point do not offer
Fully furnished and equipped โ€” zero additional investment required, rental income from the day of purchase
Ground floor unit with 200 mยฒ garden available for additional purchase: acquiring both creates a two-unit property with private outdoor space โ€” a premium compound configuration that almost no other central Budva listing can offer
Montenegro EU accession target 2028 โ€” Budva assets at current entry prices are positioned for above-average post-accession repricing

Read our complete Budva real estate guide and Montenegro investment guide. For market comparison, see our Budva vs Tivat vs Bar analysis.

How to Buy โ€” Guide for Foreign Buyers

Foreign nationals purchase property in Montenegro with full ownership rights and no restrictions. The ground floor unit with garden is a separately titled property โ€” both units can be purchased individually or together in a single notarised transaction. Read our complete guide for foreign buyers or the step-by-step buying guide. For certified notaries in Budva municipality, see the official Notary Chamber of Montenegro.

Frequently Asked Questions โ€” 2 Bedroom Apartment in Budva, Montenegro

Why does a 2 bedroom apartment in Budva outperform studios for rental yield?
Two-bedroom apartments in Budva command nightly rates 60โ€“80% higher than comparable studios while occupancy rates are similar โ€” because the audience is different. Families and groups of 3โ€“4 people have very limited options in central Budva outside of hotel rooms, so well-presented 2-bedroom apartments face far less competition. The separate kitchen in this apartment reinforces that advantage: it is the top filter used by non-hotel guests on short-term rental platforms.

What rental income can this 2 bedroom apartment in Budva achieve?
Peak-season nightly rates (Juneโ€“September) for a furnished 2-bedroom central Budva apartment in the Hotel Moskva zone range from โ‚ฌ80โ€“โ‚ฌ140, with Julyโ€“August occupancy regularly exceeding 85%. Long-term monthly rental ranges from โ‚ฌ550โ€“โ‚ฌ800. Annual gross yield for a well-presented 2-bedroom in this location typically ranges from 7โ€“10%.

What is the option to buy the ground floor with garden?
The ground floor of the same building is a separate unit with its own 200 mยฒ private garden and is available to purchase alongside this apartment or independently. Buying both units creates a two-apartment property with substantial private outdoor space โ€” a very rare configuration in central Budva. Each unit has its own Land Registry title and can be rented or resold independently. Contact us for standalone and combined pricing.

Can foreigners buy this property in Budva?
Yes. Foreign nationals โ€” including non-EU citizens โ€” have the same property ownership rights as Montenegrin citizens. No restrictions, no local partner required, no minimum purchase value. The process takes 4โ€“8 weeks from preliminary contract to Land Registry registration. Montenegro Estates charges 0% buyer commission.

What are the total purchase costs beyond the asking price?
Budget 3โ€“4% above the purchase price: 3% property transfer tax (paid once at Land Registry registration), approximately 0.1% notary fee, and โ‚ฌ500โ€“โ‚ฌ1,500 for independent legal due diligence. If purchasing both units simultaneously, transaction costs apply to each unit’s registered value separately.

Can I get residency by purchasing this apartment?
Yes. Any property purchase in Montenegro qualifies the buyer for a Temporary Residence Permit, renewable annually for as long as you own the property. There is no minimum purchase price requirement. Full details in our Montenegro residency via real estate guide.

How does Budva compare to Tivat and Bar for 2-bedroom apartment investment?
Budva consistently delivers the highest peak-season occupancy in Montenegro. Tivat and Bar offer lower entry prices with stronger year-round demand from residents and digital nomads, but Budva’s Julyโ€“August ceiling yield for a central 2-bedroom property exceeds both. Read our Budva vs Tivat vs Bar comparison for full data.

More Apartments in Budva and Montenegro

View all apartments for sale in Budva, explore the full Budva property market, or browse our complete range of apartments across Montenegro.

ย 

Contact

Montenegro Real Estate

Property Agent
sales@montenegro-real-estate.com
Other Properties
Checkboxes
  • Property ID MRETT-12
  • Price โ‚ฌ168,000
  • Property Type
  • Property status
  • Bedrooms 2
  • Bathrooms 1
  • Size 51 m2

Address

Address: Budva, Budva Municipality, Montenegro
  • Country: Montenegro
  • Province / State: Montenegro
  • City / Town: Budva
www.lumonpay.com - Great rates of foreign exchange