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2486 sqft
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Real estate in Budva
The Budva Riviera in Montenegro is a prime location that lures numerous foreign property buyers and investors. If you’re on the hunt for your dream home or a flat with a scenic view of breathtaking coastal landscapes, Budva should certainly be on your radar. Nestled between the Adriatic Sea and majestic mountains, this appealing town is noted for its medieval stone walls, sandy beaches, and vibrant nightlife, earning it the nickname "Montenegrin Miami." Before you reach out to a Budva real estate agent, take some time to familiarize yourself with the local property market, available listings, and the pricing structures for acquiring holiday homes in such an extraordinary spot. Budva showcases a broad range of real estate options, from contemporary apartments in the city centre, to exquisite villas along the coastline, so there's something to suit every taste. Be prepared to marvel at the unique blend of traditional Montenegrin architecture and modern touches that give this town an unmatched charm.
Budva properties: Market trends overview
The Budva real estate market in Montenegro has seen consistent price appreciation, drawing the attention of overseas buyers and investors, particularly those from Russia, Scandinavia, the UK, and North America. Budva's prime coastal location facilitates a leisurely lifestyle balanced with a dynamic vacation experience, thanks to numerous leisure facilities, sports clubs, and a direct connection to the lively city of Podgorica. Budva boasts a dynamic seascape, a rich historical background, and impressive quality of life. Over the past few years, Budva's local government has increased its investments in urban development, offering a variety of property types for both domestic and foreign property seekers. These include contemporary and efficient townhouses, apartments, avant-garde villas, traditional farmhouses, and luxurious penthouses. Discovering properties and apartments for sale in Budva, Montenegro, that suit all budgets and lifestyle requirements is straightforward, making the sun-kissed town highly attractive to international buyers.
Average price of a property for sale in Budva
What might you anticipate paying for properties in Budva? The answer is not entirely straightforward due to the multitude of factors that can impact costs, such as the type of property, its location in relation to the city center and beaches, amenities, and individual preferences (including high-end features, size, accessibility, and more). Statistical data reveals that the maximum asking price for properties for sale in Budva was €2,410 per square meter. You can find the priciest properties in the Budva Stari Grad area. On the other end of the spectrum, the Budva Riviera offers the most affordable options, with an average price per square meter of €1,765. The current average listing price for a house in Budva hovers around €529,150. This provides a rough guide of what to expect when shopping for properties in this beautiful Montenegrin city. However, prices can still greatly fluctuate depending on specific factors unique to each property.
Types of properties can you find in Budva
Budva, Montenegro, is a real estate hotspot offering a rich variety of properties, ranging from comfortable apartments to luxurious penthouses, extravagant beachfront villas, and traditional Montenegrin houses. Prime properties for sale are predominantly located in secured residential complexes. Options include 3-4 bedroom apartments that come with spacious terraces, and two-story homes each with its own entrance, large terraces, and an individual kitchen. There are also new villas available in desirable locations around Budva, Montenegro, offering sea views, easy access to the beach, and perfect conditions for a quality lifestyle. Budva represents one of the most appealing places to live, with its charming blend of historical architecture, beautiful coastlines, and vibrant nightlife, making its real estate market very attractive for prospective buyers and investors.