380,000 €
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380,000 € (2,676 €/m²)
142 m²
3 Room
1 Bathroom

Sale, house, 142m², Budva, Crna Gora

Budva, Crna Gora

Property description

Stone House for Sale in Zagora, Grbalj Peninsula - Investment Near the Sea

This historic stone house currently undergoing restoration is located in the village of Zagora on the Grbalj Peninsula. The property combines authentic Mediterranean architecture with the potential to complete a modern villa project. Suitable for private residence, holiday home, rental income, or real estate investment near the sea.


Key Features

House size: 142 m², two floors

Plot size: 500 m²

Distance to the sea: 2 km

Restoration project prepared for a villa with swimming pool and parking (finishing works in progress)
Interfloor structures have been fully replaced, new windows and doors installed, and bathrooms equipped. Electricity is connected, access road available. Water supply via reservoir, sewage system – septic tank.


Location: Zagora, Grbalj Peninsula

Zagora is situated in one of the most desirable coastal areas. The Grbalj Peninsula is known for its proximity to the sea, privacy, and strong demand for holiday homes and rental properties. The 2 km distance to beaches ensures a quiet environment with convenient access to coastal infrastructure.


Investment Potential

The reconstruction project envisions a villa with swimming pool and parking - a highly востребованный format for short-term rentals and buyers seeking property in Montenegro for leisure and income generation. Restored stone houses are limited in supply, supporting long-term value growth.

The property has already passed the key structural phase, reducing development risks and shortening completion timelines. A practical option for investors focused on liquidity and capital appreciation.


Why Consider This Property

Authentic stone house with upgraded structural elements

Engineering infrastructure in place

Attractive coastal location

Opportunity to increase value by completing the project

Real estate details

Ad ID
201770
Published
08.12.2023
Updated
03.03.2026
Property Type

House

Area

142m²

Rooms

3

Bathrooms

1

Location

Budva

Budva, Crna Gora

Price

380,000 €

2,676 € per m²

Loan calculator

Property parameters

Price per m²: 2676.06 €

Down payment 76,000 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
1,842 €

240 total installments

Loan amount
304,000 €
Down payment
76,000 €
Total interest
138,123 €
Total payment
442,123 €

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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Average prices of three-bedroom houses - Budva

Budva
Montenegro

This property's price is 11.78% lower than the average price of a in Budva

Average price: 3033.48 €/m²

This property is 36.56% smaller then the average size of a in Budva

Average size: 224 m²

2,827 €
Average annual price
+3%
Price trend (annually)
817
Days on the market

Regulatory information

Agency (intermediary)

Westhill Property

Registration number

-

Location

Crna Gora

Budva

Area

142m²

Structure

3 Rooms

Property Type

House

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.

Westhill Property