1 Bedroom Apartment for Sale in Budva — 61 m², Elevator Building, Near Mega Mall

This 1-bedroom apartment for sale in Budva is a fully furnished, 61 m² property on the 1st floor above ground level of an elevator building, next to Mega Mall in Budva’s main commercial district. The apartment includes a living room, separate bedroom, kitchen, bathroom, and a terrace with a quiet yard view — all furnished and equipped for immediate occupation or short-term rental from day one. A standout feature: the seller also owns the adjacent terrace; removing the dividing partition merges both into one larger private terrace, adding meaningful outdoor space that is rare at this price tier in Budva. View all apartments for sale in Budva and all apartments for sale in Montenegro.

The Mega Mall zone sits on Budva’s main artery (Jadranski put), equidistant between Budva Old Town and the Becici resort strip. This is Budva’s most connected address for daily life: supermarkets, pharmacies, banks, restaurants, and the main bus hub are all within walking distance, while the sea and Old Town are a short drive or e-scooter ride away. For short-term rental guests — who make up the dominant Budva demand profile in July–August — the combination of central positioning, elevator access, and furnished readiness delivers occupancy without dependence on beach-frontage. Budva is Montenegro’s highest-demand coastal rental market, with peak season extending May through September and average nightly rates for furnished 1-bedroom city apartments outperforming every other coastal municipality except Tivat marina.

Location — 1 Bedroom Apartment for Sale in Budva, Mega Mall Area

Key distances from this property (approximate — verify on-site):

• Mega Mall Budva (shopping, dining, pharmacy) — 50 m (1 min walk)
• Budva Old Town (Stari Grad) and seafront promenade — 2.5 km (5 min drive / 30 min walk)
• Slovenska Plaža (Budva main beach) — 2.5 km (5 min drive)
• Becici beach — 4 km (7 min drive)
• Jaz Beach — 5 km (8 min drive)
• Tivat Airport — 22 km (25 min drive)
• Podgorica International Airport — 65 km (65 min drive)

Property Features — 1-Bedroom Apartment in Budva Near Mega Mall

• Living area: 61 m²
• Bedrooms: 1
• Bathrooms: 1
• Floor: 1st floor above ground level (elevator building)
• View: Yard / quiet courtyard — no street noise
• Furnished: Yes — fully furnished and equipped, mid-range finish
• Elevator: Yes
• Terrace: Yes — plus optional expansion: seller owns adjacent terrace; partition can be removed (registered permit required) to create one larger private terrace
• Air conditioning: Yes
• Suitable for: Primary residence, long-term rental, short-term Budva rental income

The Terrace Expansion — A Hidden Bonus

The seller owns the terrace immediately adjacent to this apartment’s terrace. The two terraces are separated by a removable partition. By registering a minor construction change with Budva municipality and removing the partition, both terraces merge into one — increasing the total outdoor area available to the apartment. The seller has not used the adjacent terrace and it transfers with the sale. This means a buyer effectively acquires expanded outdoor space that is not reflected in the listed 61 m² — a genuine upside that rarely appears at this price point in Budva, where terrace space trades at a significant premium on short-term rental platforms.

Investment Potential — Furnished Apartment in Budva

Budva is Montenegro’s highest-demand short-term rental market. Furnished 1-bedroom city apartments — especially in buildings with elevators — consistently outperform unfurnished or top-floor walk-up equivalents on short-term platforms because guest accessibility filters eliminate competitors. Key investment points:

• Budva furnished 1-bedroom apartments in the central zone achieve €500–850/week during peak season (July–August) on short-term platforms; at 80% summer occupancy, gross seasonal income is approximately €6,500–11,000
• Mega Mall area price per m²: approximately €1,500–2,200/m² (inland, non-beachfront) vs €2,500–4,500/m² for beachfront Budva — the mid-zone delivers rental income at a significantly lower acquisition cost
• Elevator building: critical for short-term rental platform filters — “no elevator” eliminates a significant share of family bookings and older-guest demand
• Furnished and equipped: no fit-out delay or capital outlay — rental income from the first booking week
• Terrace expansion potential adds outdoor space that commands a 15–25% rental premium per booking on platforms that allow terrace filtering
• Long-term monthly rental in Budva central zone: €450–700/month, providing off-season income stability
• Montenegro EU accession target 2028 — Budva as the premier coastal city is positioned for the strongest post-accession capital appreciation on the Montenegrin coast

Read our Montenegro real estate investment guide and EU accession property analysis. For a city-by-city price comparison, see our Budva vs Tivat vs Bar guide.

How to Buy — Guide for Foreign Buyers

Foreign nationals purchase property in Montenegro with full ownership rights and no restrictions — no minimum investment to buy, no local partner, no special permits required for non-EU citizens. The purchase requires a licensed notary and title registration at the Real Estate Administration (Uprava za nekretnine), typically completing within 30–45 days. 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. Montenegro Estates charges 0% buyer commission.

Frequently Asked Questions — 1-Bedroom Apartment for Sale in Budva

What is the terrace expansion option for this apartment in Budva?

The seller owns the adjacent terrace — a separate outdoor space immediately next to this apartment’s terrace, currently divided by a removable partition. By filing a minor construction change (tehnička dokumentacija) with Budva municipality and removing the partition, both terraces merge into one larger outdoor area. The adjacent terrace transfers with the sale at no extra cost — it is a bonus the seller is including. The permit registration typically costs €300–800 and takes 30–60 days to process in Budva municipality.

What rental income can a 1-bedroom apartment near Mega Mall Budva achieve?

Furnished 1-bedroom apartments in Budva’s central zone achieve €500–850 per week during peak season (July–August) on short-term platforms, with well-managed listings reaching 80% summer occupancy for gross seasonal income of approximately €6,500–11,000. Long-term monthly rental in the Mega Mall zone typically ranges €450–700 depending on season and lease format. Elevator access and furnished condition are the top two filters in Budva short-term rental demand.

How far is the beach from this Budva apartment?

Slovenska Plaža (Budva’s main beach) is approximately 2.5 km from this apartment — 5 minutes by car or e-scooter. Becici beach is 4 km (7 min drive). For guests who prefer not to walk, Budva’s micro-mobility infrastructure (e-scooters, taxis) makes the beach readily accessible from any central address. The apartment’s location next to Mega Mall provides the daily-life amenity advantage that beach-proximity properties typically lack.

Can foreigners buy a 1-bedroom apartment in Budva?

Yes. Foreign nationals — including non-EU citizens — have identical property ownership rights to Montenegrin citizens, with no restrictions, no minimum investment to buy, and no local partner required. All purchases are formalised by a licensed notary and registered at the Real Estate Administration, typically within 30–45 days. Montenegro Estates charges 0% buyer commission.

What are the total purchase costs for an apartment in Budva?

Budget 3–4% above the purchase price: 3% property transfer tax (paid once at Land Registry registration), approximately 0.1% notary fee, and €500–1,500 for independent legal due diligence. Annual property tax ranges from 0.25% to 1% of assessed value. Montenegro Estates charges 0% commission to buyers.

Does buying this apartment qualify for Montenegro residency?

Montenegro requires a minimum property value of €150,000 to qualify for a Temporary Residence Permit via real estate purchase. Whether this apartment qualifies depends on the asking price — if it is at or above €150,000, the buyer qualifies for the permit. Full details are in our Montenegro residency via real estate guide.

Why buy near Mega Mall rather than Budva beachfront?

Beachfront Budva trades at €2,500–4,500/m²; the Mega Mall zone delivers central-Budva accessibility at approximately €1,500–2,200/m² — a 35–50% entry discount for comparable rental income potential. Elevator access, mid-range furnished condition, and the optional terrace expansion make this apartment competitive on short-term rental platforms without the premium acquisition cost of seafront properties. For buyers prioritising rental yield over capital-intensive beachfront positioning, the mid-zone is the structural opportunity in Budva.

More Properties in Budva and Montenegro

Explore all available apartments for sale in Budva, browse all apartments for sale in Montenegro, or read our Montenegro real estate investment guide.