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Luxury Apartments for Sale in Petrovac, Budva - Page 57

Found 2 listings for search Luxury Apartments for Sale in Petrovac, Budva - Page 57

Data updated on 01/13/2026 at 05:21 AM

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Frequently asked questions

? What is the average price of apartments in the neighbourhood of {{neighbourhood}}?

Based on analysis of 160 active listings, the average price for an apartment in the neighbourhood of {{neighbourhood}} (Budva) is 2,724 €/m².

? Is now the right time to buy apartments in the neighbourhood of {{neighbourhood}}?

Analyzing data from the last 3 years, property prices in the neighbourhood of {{neighbourhood}} show steady growth of 24.6% annually.
Sales velocity: A listing of an apartment stays on the market for 45-60 days before it is removed.

? How profitable is buying apartments in the neighbourhood of {{neighbourhood}} as an investment?

The average monthly rent is 882 €. The estimated average annual gross return on investment (ROI) is 5.4%, excluding property value appreciation.

Tips for Choosing

Define budget and €/m² threshold

Compare neighborhoods by price per m² and median days on the market; focus on areas where budget and square footage realistically align.

Check documentation and technical condition

Property deed, usage permit, floor plan, energy certificate; in older buildings, check installations, joinery, and insulation.

Compare new builds and old constructions

New builds often offer garages and elevators, while old constructions offer larger floor areas; adjust the price for maintenance costs and potential renovations.

Consider micro-location

Proximity to schools/kindergartens, public transport, parks, and workplace - this affects quality of life and future liquidity.

Assess market dynamics

If the median days on the market is low and the number of new listings is increasing, expect faster sales and be prepared to make quicker decisions.

Include additional costs

Tax, notary fees, agency commission (if applicable), potential renovations, and parking space.

Quick property search

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Note About Data

Data updated: January 13, 2026 Values are regularly refreshed and may vary depending on location, property condition, and current demand. All information is based on active listings and market analyses.