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How much does a luxury flat cost in Budva? Flats over €500,000 (November 2026)

On 9 November 2026, 221 flats in Budva asked €500,000 or more on Fijaka, at a median of €840,000 for 146 m²; 81 asked €1 million or more. Where, what size and what view.

Rohat KahramanAttorney, RoNa Legal

· Reviewed for legal accuracy

RoNa Legal
Balcony of a rental apartment in Budva with keys on a table and rooftops and sea behind

How much does a luxury flat cost in Budva? On 9 November 2026, 221 flats in the municipality of Budva asked €500,000 or more on Fijaka. Their median asking price was €840,000 for 146 m² (€5,810 per m²), and 81 of them asked €1 million or more.

Flats over €500,000 by area

AreaFlatsMedian priceMedian price per m²
Bečići44€660,000€5,330
Rafailovići25€657,000€5,030

By size

SizeFlatsMedian priceMedian size
One bedroom22€813,00088 m²
Two bedrooms75€695,000122 m²
Three bedrooms103€870,000179 m²

Of the 221 flats, 53 are penthouses and 7 duplexes. 97% of those that state a view (118) have a sea view.

Current listings: sea-view flats for sale in Budva and flats for sale in Budva.

What does buying cost on top of the price?

  • Transfer tax on a resale flat is 3% of the tax base up to €150,000 and 5% on the part above (6% above €500,000). On €840,000 that is €42,400. See the property transfer tax guide.
  • A new flat bought from a developer carries VAT in the price instead.
  • The property route to a residence permit needs a tax-assessed value of €150,000: investing in Montenegro property: key numbers.

Related answers

Frequently asked questions

How many luxury flats are for sale in Budva? 221 flats asked €500,000 or more on 9 November 2026; 81 asked €1 million or more.

What does a luxury flat in Budva cost per square metre? A median €5,810 per m² for flats over €500,000.

How these numbers were measured

Asking prices of all active flats, penthouses and duplexes for sale in the municipality of Budva asking €500,000 or more on Fijaka on 9 November 2026. Medians leave out listings without a price. A town, area or size row is shown with at least 15 listings (sizes: 10) from at least 3 sellers. These are asking prices, not sale prices.

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This article is for informational purposes only and does not constitute legal advice. We recommend seeking professional advice from a licensed attorney for real estate transactions in Montenegro.