Budva real estate myths and misconceptions - what investors need to know

Buying real estate in Budva has always sounded like a good idea. Budva is a tourist town that, thanks to continuous infrastructure development and dynamic construction, remains a place where properties sell the fastest. Besides being a lively tourist center, its natural beauty, excellent location, and good connectivity with the airports in Tivat and Podgorica make it even more attractive to investors.
Below, we reveal the most common myths and misconceptions about the real estate market in Budva, so you can have a clearer picture of the actual investment opportunities.

Common myths and misconceptions about real estate in Budva

1. Real estate in Budva is overpriced and not worth investing in

This is something we often hear when it comes to the real estate market in Budva. It is true that property prices have been rising in recent years due to various factors such as inflation and migration. However, practice shows that, due to stable demand and growing interest from foreign investors, Budva has emerged as an exceptionally profitable destination for real estate investment, guaranteeing a return on invested capital.

2. Renting property in Budva is too risky due to seasonal demand

Most people see Budva as a summer destination and assume that properties will remain empty off-season. But the reality is different. The season in Budva is indeed most active from June to September, especially in July and August, but the real estate market remains stable even outside the peak season. Long-term rentals are becoming increasingly common. There are many reasons for this, primarily internal migration within the country. Due to better job opportunities on the coast, citizens from northern Montenegro often move to Budva or another coastal town. Additionally, long-term rentals to workers, digital nomads, and similar tenants are increasingly common, providing a stable income throughout the year.

3. Property prices in Budva will drop because of overbuilding

It is true that many new complexes are being built in Budva, but as mentioned, Budva has stable and growing demand. Even if there is an oversupply in some upcoming years, price drops will mostly affect less desirable locations. Areas like Bečići, Rafailovići, and zones around Slovenska plaža and the bus station continue to see price growth even as construction increases.

4. Buying property through an agency is unnecessary

“We don’t need an agency when buying property.” This is perhaps one of the most common misconceptions among buyers. Having a reliable agency makes the entire process much easier. From finding a property, checking its legal status, preparing necessary documentation, to negotiating the price, investing becomes much safer with the right agency that knows the local market.

As an agency with many years of experience, especially in the real estate market in Budva, we are always here to help you with any questions or concerns. Buying property is not a simple process, but with the support of Amfora Real Estate, everything goes more smoothly.
You can view our selection of real estate in Budva at the following link. Contact us and find your perfect property today!