About Budva Old Town
Budva Old Town is a 2,500-year-old fortified settlement that juts into the Adriatic, now the heart of Montenegro's most popular beach resort. The old town combines ancient Venetian architecture with vibrant restaurants, bars, and boutiques.
Living near Budva Old Town means access to Montenegro's best beaches, liveliest nightlife, and most tourist-focused economy. In summer, Budva buzzes with visitors; in winter, a quieter local community emerges.
Property near the old town benefits from high rental demand during the May-September season. Budva attracts tourists from Serbia, Russia, and increasingly Western Europe, creating strong short-term rental income potential.
Why live near Budva Old Town
Walk to beaches, bars, and restaurants in minutes
Montenegro's best nightlife and summer atmosphere
Strong rental income from tourism demand
Ancient charm meets modern convenience
2,500 years of history on your doorstep
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Property prices near Budva Old Town
Property near Budva Old Town ranges from €2,500-€4,500/m². Premium beachfront locations reach €5,000/m². A two-bedroom apartment with sea view typically costs €200,000-€350,000.
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€200,000
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Frequently asked questions
Is Budva Old Town good for investment?
Yes, Budva offers Montenegro's highest rental demand. Short-term rentals can yield 8-10% during the May-September peak season. Occupancy rates are highest in Montenegro, though income is seasonal. Year-round rentals are possible but at lower rates.
Is Budva too busy and touristy?
Budva is Montenegro's busiest resort—that's its appeal for some and drawback for others. July-August sees heavy crowds. For a quieter atmosphere with beach access, consider Bečići (2km), Rafailovići, or Pržno, which offer the Budva area without the crowds.
How old is Budva Old Town?
Budva is one of the oldest settlements on the Adriatic, with origins dating back 2,500 years. The current walls are primarily Venetian (15th century). The town was heavily restored after a 1979 earthquake but retains its medieval character.
What are property prices near Budva Old Town?
Property near Budva Old Town costs €2,500-€4,500/m², with premium beachfront reaching €5,000/m². A modern two-bedroom apartment with sea view costs €200,000-€350,000. Older apartments needing renovation start from €120,000.
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