These new apartments in Budva, Montenegro are located at Gemstone Residence — a fully serviced residential complex at Drobnici BB on the Budva Riviera, 8 minutes from Budva city centre and 7 minutes’ walk from Drobni Pesak beach. Nine apartments are available across three floors, ranging from 45.11 m² to 74.57 m², each delivered fully finished and fully furnished with a complete interior fit-out down to bed linen and crockery. Prices start from €212,017. Every building in the complex has its own garage, private territory, a fully equipped infinity overflow pool, and direct sea views.
Gemstone Residence is a 68-unit mixed complex: 12 townhouses, 2 duplexes, and 54 apartments, all within a gated and landscaped site served by a restaurant, gym, and spa. A private path connects the complex directly to Drobni Pesak beach — electric carts are available for residents and their guests, making the 7-minute walk optional. The grounds are planted with olive trees, citrus, and climbing rosemary — a Mediterranean setting within 8 minutes of one of the Adriatic coast’s most consistently busy resort cities. View all apartment complexes in Montenegro and all off-plan properties in Montenegro for full market context.
Location — Drobnici, Budva Riviera
Drobnici sits on the Budva Riviera between Budva and Petrovac — a quiet coastal zone with its own beach, fast road access to Budva, and none of the overdevelopment that has characterised parts of Budva’s immediate coastline. Key distances from Gemstone Residence:
- Drobni Pesak beach — 7 min walk (private complex path, electric carts available)
- Budva city centre and Old Town (Stari Grad) — 8 min drive
- Sveti Stefan island — 12 min drive
- Petrovac beach — 15 min drive
- Jaz Beach — 15 min drive
- Tivat Airport and Porto Montenegro — 35 km (30 min drive)
- Podgorica International Airport — 75 km (65 min drive)
Apartment Specifications — New Apartments Budva, Montenegro
Building features (each building):
- Garage (1 space per unit — €30,000, optional separate purchase)
- Private territory with landscaped grounds
- Fully equipped infinity overflow swimming pool
- Direct sea view from all units
Interior finish (all units):
- Tarkett parquet flooring throughout
- German brand plumbing and sanitary ware
- Allumil aluminium windows
- LG air conditioning
- Underfloor heating in all bathrooms
- Natural stone facade cladding
- Fully furnished: furniture, appliances, lighting, curtains, bed linen, crockery
Available units:
- 1st Floor — Apt 1: 46.22 m² + 88.52 m² terrace — €305,754 (+ €30,000 garage)
- 1st Floor — Apt 2: 45.11 m² + 18.37 m² terrace — €230,387 (+ €30,000 garage)
- 1st Floor — Apt 3: 46.22 m² + 42.02 m² terrace — €259,254 (+ €30,000 garage)
- 2nd Floor — Apt 4: 46.22 m² — €217,234 (+ €30,000 garage)
- 2nd Floor — Apt 5: 45.11 m² — €212,017 (+ €30,000 garage)
- 2nd Floor — Apt 6: 46.22 m² — €217,234 (+ €30,000 garage)
- 3rd Floor — Apt 7: 74.57 m² + 16.06 m² terrace (bonus + furniture) — €350,479 (+ €30,000 garage)
- 3rd Floor — Apt 8: 67.81 m² — €318,707 (+ €30,000 garage)
- 3rd Floor — Apt 9: 58.51 m² — €274,997 (+ €30,000 garage)
- Full building (all 9 units): €2,656,063
Payment plan: 2-year instalment — 40% at notary signing, balance over 24 monthly payments.
Investment Potential — New Apartments in Budva, Montenegro
New apartments in Budva, Montenegro in a fully serviced complex with on-site property management represent the most accessible entry point into the Adriatic’s highest-yield coastal rental market. The developer projects a minimum of €15,000 gross annual income per unit. Key investment metrics for Gemstone Residence apartments:
- Summer rental rate (June–September): €150–€180 per night
- Year-round rental rate: €1,000–€1,200 per month
- Developer managed: on-site property management service handles rentals and resale
- Full turnkey furnishing — zero additional investment, income from day one
- Entry price from €212,017 — below Budva city centre pricing for comparable new build
- Budva Riviera location with private beach access and resort-level amenities commands premium short-term rates
- Montenegro EU accession 2028: developer projects 30–40% price increase post-accession; resale profit projection 40–60%
- Flexible payment: 2-year instalment plan, 40% on signing
Read our Budva real estate guide, Montenegro investment guide, and EU accession property analysis for full market context.
How to Buy — Guide for Foreign Buyers
Foreign nationals purchase property in Montenegro with full ownership rights and no restrictions — including new build off-plan purchases. The process typically takes 4–8 weeks from preliminary contract to Land Registry registration. Read our complete guide for foreign buyers or the step-by-step buying guide. For certified notaries, see the official Notary Chamber of Montenegro.
Frequently Asked Questions — New Apartments in Budva, Montenegro
What is Gemstone Residence and where exactly is it located?
Gemstone Residence is a gated residential complex at Drobnici BB on the Budva Riviera, 8 minutes by car from Budva city centre. The complex comprises 54 apartments, 12 townhouses, and 2 duplexes, with a restaurant, gym, and spa on site. A private path leads directly to Drobni Pesak beach, 7 minutes on foot, with electric carts available for residents.
What is included in the purchase price of these new apartments in Budva?
Each apartment is delivered fully finished and fully furnished — Tarkett parquet floors, Allumil windows, LG air conditioning, underfloor heating in bathrooms, German plumbing, natural stone facades, plus all furniture, appliances, lighting, curtains, bed linen, and crockery. The garage (€30,000) is purchased separately. Apartment 7 buyers receive a 16.06 m² bonus terrace and terrace furniture at no additional charge.
What rental income can these new apartments in Budva generate?
The developer projects a minimum of €15,000 gross annual income per unit. Summer nightly rates run €150–€180 (June–September); year-round tenants pay €1,000–€1,200 per month. On-site property management is available for owners who prefer hands-off investment. The complex’s resort amenities — pool, restaurant, spa, beach access — support premium pricing on short-term platforms.
Can foreigners buy a new apartment in Budva, Montenegro?
Yes. Foreign nationals, including non-EU citizens, have the same property purchase rights as Montenegrin citizens — no restrictions, no local partner, no minimum investment. The process takes 4–8 weeks from signed preliminary contract to Land Registry registration. Montenegro Estates charges 0% buyer commission.
What are the total purchase costs beyond the apartment price?
Budget 3–4% above the purchase price: 3% property transfer tax at Land Registry registration, approximately 0.1% notary fee, and €500–€1,500 for independent legal due diligence. The garage (€30,000) is priced separately. A 2-year payment plan is available: 40% at notary signing, balance in monthly instalments over 24 months.
Can I get residency by buying an apartment in Gemstone Residence?
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. Full details in our Montenegro residency via real estate guide.
Can I buy all 9 apartments as a single investment?
Yes. The full building of 9 apartments is available as a single package at €2,656,063. Bulk acquisition of the full building creates a managed short-term rental compound on the Budva Riviera — 9 independently titled units, a private infinity pool, and on-site management, with an annual gross income floor of €135,000+ at the developer’s projected minimum per-unit yield.
More Properties in Budva and Montenegro
View all apartment complexes in Montenegro, browse off-plan properties in Montenegro, explore the Budva property market, or see all apartments across Montenegro.
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