Is it better to rent or buy a flat in Budva? The listings give the price of each option. On 9 November 2026, a one-bedroom flat in Budva asked a median €175,000 to buy or €600 a month to rent on Fijaka. The purchase price equals about 24.3 years of rent, a gross yield of 4.1% a year. Whether buying pays off depends on how long you stay, your financing and the costs below.
Buy or rent: the same flat, two prices
| Size | Median price to buy | Median rent a month | Years of rent for the price | Gross yield |
| Studio | €110,000 | €400 | 22.9 | 4.4% |
| One bedroom | €175,000 | €600 | 24.3 | 4.1% |
| Two bedrooms | €250,000 | €850 | 24.5 | 4.1% |
| Three bedrooms | €385,000 | €1,200 | 26.7 | 3.7% |
Listings: 95 studio flats for sale and 27 for rent; 503 one-bedroom flats for sale and 123 for rent; 534 two-bedroom flats for sale and 76 for rent; 189 three-bedroom flats for sale and 24 for rent.
What buying costs that renting does not
- Transfer tax on a resale flat is 3% of the tax base up to €150,000 and 5% on the part above. On €175,000 that is €5,750. See the property transfer tax guide. That equals 9.6 months of the median one-bedroom rent.
- Annual property tax, set by the municipality: see the property tax guide.
- Loan interest if you borrow: mortgages in Montenegro.
What renting costs that buying does not
Renting avoids the purchase costs, but the rent can change at each renewal. How to find a long-term let: long-term rental in Montenegro.
Current listings: flats for rent in Budva and flats for sale in Budva.
Related answers
- How much does a two-bedroom flat cost in Budva?
- How much does a three-bedroom flat cost in Budva?
- Can you buy a flat in Budva for under €150,000?
- Podgorica or Budva: where to buy a flat in Montenegro?
Frequently asked questions
How many years of rent does a flat in Budva cost? About 22.9 years for a studio flat; About 24.3 years for a one-bedroom flat; About 24.5 years for a two-bedroom flat; About 26.7 years for a three-bedroom flat, at median asking prices and rents on 9 November 2026.
What is the rental yield in Budva? 4.4% for studio flats, 4.1% for one-bedroom flats, 4.1% for two-bedroom flats, 3.7% for three-bedroom flats (gross), before tax, empty months and running costs.
How much is rent for a one-bedroom flat in Budva? A median €600 a month across 123 listings; half asked between €550 and €710.
How these numbers were measured
Asking prices of all active flats for sale and for long-term rent in the municipality of Budva, by number of bedrooms on Fijaka on 9 November 2026. Medians leave out listings without a price. Years of rent is the median price divided by twelve months of median rent; gross yield is the inverse. A rent is set against a price only where no seller has 60% or more of the rentals. These are asking prices, not sale prices.