Buying Property Under €150,000
Properties under €150,000 open up Montenegro's quality coastal market, including two-bedroom apartments in popular locations, sea view properties, and well-positioned homes for rental income.
This budget reaches into Budva and Kotor properly - not just outskirts but genuine, walkable locations. You'll find modern apartments with balconies, renovated stone properties, and family-sized homes.
For investment buyers, this range offers strong rental potential with properties that appeal to quality-conscious tourists. For lifestyle buyers, it means comfortable living in desirable locations.
Where to find property Under €150K
Budva - central two-beds, quality one-beds
Kotor Bay - waterfront apartments
Bečići - near the famous beach
Tivat - outside Porto Montenegro
Herceg Novi - premium locations
Kolašin - ski resort apartments
What to expect
- Two-bedroom apartments (55-75m²) in coastal towns
- Quality one-beds in premium locations
- Sea view properties with balconies
- New-build apartments with parking
- Stone properties in historic areas
- Modern finishes and good condition
Tips for buyers
- This range commands good summer rental rates
- Two-beds suit families - higher nightly rates
- Sea views significantly boost rental appeal
- Consider properties with pools/amenities
- Check proximity to beaches and restaurants
Properties Under €150K
€84,000
Studio Apartment
€85,000
Studio Apartment
€120,000
1 Bedroom Apartment
€145,700
BAR, Montenegro – One-Bedroom Apartment 100m from the Sea and Beach
€145,700
BAR, Montenegro – One-Bedroom Apartment 100m from the Sea and Beach
Frequently asked questions
Can I buy in central Budva for under €150k?
Yes, one-bedroom apartments in central Budva start around €100,000, and two-beds from €130,000. You'll be within walking distance of Old Town and beaches.
What rental income can I expect?
A well-located two-bedroom can earn €800-€1,500 per week in peak summer season (July-August). Shoulder season (May-June, September) brings €500-€800 weekly. Annual gross yields of 6-8% are achievable.
Is this enough for a family holiday home?
Yes, €150k buys a comfortable two-bedroom apartment suitable for family use. You'll have space for 4-5 people, likely with a terrace or balcony, in a pleasant location.
Budva or Kotor at this budget?
Budva offers better beaches and nightlife; Kotor offers UNESCO heritage and dramatic scenery. Both are possible at €150k, with Kotor slightly pricier for equivalent properties.
Find your property Under €150K
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