24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Hero Image
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24
Mediteranska
Budva | Budva Municipality

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Niko Lakovic
Niko Lakovic
Presented At
€1,500,000
Bedrooms
4
Bathrooms
3
Living
2,907
SQFT
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 1
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 2
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 3
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 4
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 5
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 6
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 7
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 8
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 9
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 10
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 11
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 12
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 13
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 14
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 15
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 16
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 17
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 18
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 19
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 20
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 21
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 22
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 23
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 24
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 25
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 26
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 27
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 28
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 29
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 30
24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. - Photo 31
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24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro. , Budva , Budva Municipality

Royal Gardens complex, Budva

Area: 270 m2 (189 m2 + 81 m2 terraces) Bedrooms: 4 Bathrooms: 3 + toilet Floor: 8 Garages: 2 Sea view: panoramic Exceptional apartment in a new business-residential building, in the center of Budva, close to the sea and the mediaval Old Town Budva. The position of the building represents additional quality, which enriches the top features of the entire project. It is less than 200m from the Old Town, about 100m from the sea and marina. It is surrounded by all the most important infrastructural, commercial and cultural contents that Budva offers as a city. The building also has numerous coffee bars, restaurants and boutiques. In addition, the building itself, with its avant-garde architectural design, is a state-of-the-art facility in Budva and beyond. Basic visual elements are the wide glass surfaces, which allow the abundant daylight intake. The layout and shape of the rooms are exquisitely functional. The apartment consists of three bedrooms, three bathrooms, a guest toilet, extra large open plan living room with kitchen and dining area and large terrace with spectacular sea views. In addition to the apartment, the price includes two garage spaces.

Gallery

3D Street View Tour

Map showing 24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro.

Property Location

24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro., Budva Budva Municipality

Local Weather & Climate

Budva, Budva Municipality

Current Conditions Updated recently
55 °F
Overcast clouds
Feels Like 55°F
Humidity 82%
Wind 1 mph
Visibility 6.2 mi
Sunrise 6:01 AM
Sunset 3:53 PM
5-Day Forecast
Thu 29 Jan
Rain
High 55°
Low 52°
Fri 30 Jan
Rain
High 50°
Low 48°
Sat 31 Jan
Rain
High 51°
Low 46°
Sun 1 Feb
Clouds
High 52°
Low 45°
Mon 2 Feb
Clouds
High 46°
Low 43°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Budva?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Budva. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $150,000,000 20% down ($30,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$12,889
$12,889/day
Your home may appreciate while you sleep
$90,474/week $392,055/mo $4,704,655/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$82.5M
vs
OWN 📈 +$117.1M
$117.1M Potential Equity
vs $82.5M lost to rent over 10 years
$30.0M Down Payment Growth
3.9x
10yr
$117.1M
8.1x
20yr
$242.4M
12.6x
30yr
$378.8M
Wealth Comparison
×902
Equivalent to 902 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $378.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $176.7M +18%
Market $204.3M +36%
Optimistic $235.7M +57%
$117.1M est. equity
20 Years
Conservative $208.0M +39%
Market $278.2M +85%
Optimistic $370.4M +147%
$242.4M est. equity
30 Years
Conservative $245.0M +63%
Market $378.8M +153%
Optimistic $582.1M +288%
$378.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at 24 Mediteranska, Budva 85310, Montenegro, Budva, Budva Municipality, Montenegro features 4 bedrooms with 2,907 square feet of living space.
This property offers 2,907 square feet of living space.
This property is listed at $150,000,000, which equals $51600 per square foot.
Based on current market indicators, Budva shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Budva, Budva Municipality. The property is situated in an established neighborhood with convenient access to local amenities and services.
Niko Lakovic

Niko Lakovic

Montenegro Sotheby's International Realty

License #-7377

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