Renting Apartments in Budva: 7-Step Guide
Budva, located on Montenegro's Adriatic coast, attracts tourists and emigrants with its stunning beaches, rich history, and diverse real estate options for both rent and purchase. Whether you’re seeking a vacation home or a long-term stay, Budva offers plenty of options.
Content:
How to Rent an Apartment in Budva
Types of Apartments and Costs
Lease Agreement Terms
Transaction Process
Services and Amenities
Popular Areas
Tips to Avoid Fraud
Living in Montenegro: Reviews
1. How to Rent an Apartment in Budva in 7 Steps
Step 1: Choose Your Ideal Location
Old Town: Historic charm but noisy and costly.
Slovenska Beach: Close to the sea but crowded.
Becici: Quiet yet farther from the center.
Rafailovici: Elite area with luxurious apartments.
Step 2: Decide on the Type of Housing
Studio: Budget-friendly for 1-2 people.
Apartments: Suitable for families or groups.
Villa: Offers privacy, gardens, and pools.
Step 3: Start Your Search
Use trusted websites like bokarealestate.me.
Real estate agencies ensure safe transactions and notarized contracts. Contact Boka Real Estate at +382 661 95383 for assistance.
Step 4: Verify Documents
Ownership certificate
Notarized lease agreement (with a translator, if needed)
Step 5: Define Important Contract Details
Lease period (short- or long-term)
Payment terms (utilities included or excluded)
Security deposit amount
Inventory list
Termination conditions
Step 6: Payment Method
Cash: Simple but less secure.
Bank Transfer: Safer and verifiable.
Cryptocurrency: A growing modern option.
Step 7: Notarization
Optional for rentals under 30 days.
Mandatory for rentals exceeding 30 days.
2. Types of Properties and Costs
Studios: €300 - €600/month
1-2 Bedroom Apartments: €400 - €1000/month
3+ Bedroom Apartments: €800 - €1500/month
Penthouses: €1000 - €2000/month
Villas: €1500 - €5000+/month
Additional costs may include notarization fees, translator services, deposits, and utilities.
3. Common Lease Agreement Terms
Rent amount and payment terms
Security deposit conditions
Lease duration (fixed or open-ended)
Early termination policies (penalties or notice requirements)
4. Transaction Process
Tenant provides ID (passport or ID card).
Landlord presents property ownership documents.
The contract is notarized in the presence of a translator.
5. Services and Amenities
Cleaning Services: Available in premium rentals.
Internet: Check speed and provider before signing.
Parking: Common in apartments; inquire in advance.
Swimming Pools and Spas: Often included in luxury apartments and villas.
6. Popular Areas to Live
Becici: Relaxing yet near Budva's attractions.
Rafailovici: Tranquil coastal village with cozy cafes.
Sveti Stefan: Exclusive area with high-end accommodations.
Old Town: Historical charm with vibrant nightlife.
City Center: Ideal for those seeking convenience, shops, and entertainment.
7. Tips to Avoid Fraud
Use trusted platforms like bokarealestate.me.
Never transfer money before signing a contract.
Research agencies and landlords to verify their credibility.
8. Living in Montenegro: Reviews
Elena, PR Manager: "Life is peaceful with great food and beautiful landscapes."
Igor, IT Developer: "A stable income of €1200 is ideal for comfort."
Svetlana, Wedding Planner: "Dealing with realtors is easier than searching alone."
For personalized assistance and to view the latest property listings, visit bokarealestate.me or contact +382 661 95383 for professional advice and support.
