STR Snapshot | Budva, Montenegro
At STR Scout, we’re all about uncovering the world’s hidden gems—places where you can live richly, invest wisely, and truly savor life. Budva, Montenegro, has captured our attention, and once you see what it offers, it might just capture yours too.
Imagine this: narrow cobblestone streets, fresh seafood by the Adriatic, and the warm Mediterranean sun—sounds like a dream, right? But here’s the twist: Budva isn’t just a picturesque getaway; it’s a smart investment that could transform your lifestyle. This is only the beginning of why Budva is firmly on our radar. Let’s dive into what makes this coastal town a unique blend of old-world charm and modern opportunity.
Right now, our local scouts are digging up a list of insider deals—including a 2-bedroom condo for just $225,000 with stunning beach views and less than a minute’s walk to the water! But what will truly surprise you? The shockingly low annual carry costs—trust me, you won’t believe how affordable it is.
Why You Should Care
Budva isn’t just another pretty face on the Adriatic—it’s a prime spot for short-term rental (STR) investments. Think of it as your gateway to a life where you live better for less while building wealth. The beaches, the historic Old Town, the vibrant nightlife—it’s all here. But there’s more: Montenegro is on track to join the European Union, which could mean a significant boost in property values as the country aligns with EU standards.
Adding another layer of appeal is Porto Montenegro, a luxury marina and residential development that’s attracting wealth from around the globe. This influx of high-net-worth individuals is translating into quality property developments, strong cash flow opportunities, and rising real estate values throughout the region, including Budva.
Our vetted local insiders bring us the hottest local market intel on where, what, and why to invest, confirming that Budva’s mix of cultural heritage, modern amenities, and booming tourism make it a top pick for both living and investing.
What’s Driving Demand
So, what’s making Budva so hot right now? For starters, the town’s tourism is booming, and with easy access from three nearby airports—Tivat, Podgorica, and Dubrovnik—getting here is a breeze. Tivat Airport is just a short drive away, with direct flights from major European cities, making Budva an increasingly connected destination.
Then there’s Montenegro’s government rolling out the red carpet for foreign investors—tax breaks, residency programs—you name it. And don’t forget, with Montenegro likely joining the EU soon, getting in now could mean riding the wave of property appreciation.
Porto Montenegro’s success is also a big driver, attracting affluent buyers and investors who are drawn to the region’s luxury lifestyle. This spillover effect is benefiting Budva, making it an increasingly attractive place for investment as demand for quality properties continues to rise.
The town’s charm isn’t just for tourists. With its vibrant culture and modern conveniences, Budva is drawing in long-term residents too, keeping the rental market strong year-round with rising demand for mid-term digital nomad rentals.
The Data That Counts
Here’s what you need to know: Budva’s real estate market is climbing, with property prices rising thanks to high demand for vacation rentals. During peak season, occupancy rates can hit over 80%, making rental income a sure bet.
And here’s the thing—living in Budva costs about 30% less than in the US. Add to that affordable, quality healthcare, and you’ve got a destination where you can live well without overspending. Safety? It’s top-notch, with crime rates lower than many places in the US.
Plus, modern infrastructure—reliable Wifi, well-maintained roads—means comfort and convenience, whether you’re a tourist or a resident. Local property managers agree: Budva is a great place to both live and invest.
Insider Insights
Let’s talk lifestyle. Budva is a blend of old-world charm and modern convenience. The Old Town is like stepping back in time, with its Venetian walls and cobblestone streets, making it perfect for those looking for a historic pied-à-terre.
But there’s more to Budva than history. Newer districts are buzzing with energy, attracting a cool crowd with their walkable streets, boutique shops, and trendy restaurants. Real estate pros on the ground tell us these areas are the future of Budva’s property market.
For remote workers, Budva is a dream come true—high-speed internet and a growing digital nomad community make it easy to balance work and leisure. And don’t forget, in less than two hours, you can be skiing in Kolasin or lounging on the beach, enjoying a low-cost, high-quality lifestyle that’s hard to find anywhere else.
Comparative Snapshot
Compared to other emerging European markets, Budva offers something special. It’s got the affordability, the lifestyle appeal, and the investment potential that make it a standout. Sure, other coastal towns might have similar vibes, but Budva’s blend of modern amenities and rich history gives it an edge.
And with Montenegro’s likely EU accession on the horizon, Budva is poised for even more growth. Add to that the prestige and economic impact of Porto Montenegro, and you have a market that’s ripe for investment. This could be your chance to get in before property values take off.
On Our Radar
Looking ahead, Budva’s tourism isn’t slowing down, which means more demand for short-term rentals. Local experts are also excited about upcoming infrastructure projects, like road improvements and expansions at Tivat Airport, which will make the town even more accessible.
The rise of remote work is another trend to watch. Budva’s appeal to digital nomads is growing, particularly in its newer, trendier neighborhoods. And keep an eye on local regulations—any changes could impact the STR market, making now the perfect time to secure your spot.
Final Thoughts
Budva is more than just a vacation destination—it’s a smart investment. Whether you’re looking to spend 30-90 days soaking up the Mediterranean lifestyle or rent out your property the rest of the year, Budva offers low living costs, strong rental demand, and the potential for serious equity growth.
With Montenegro on the path to EU membership, and the unique perk of being able to ski and sunbathe all in the same day, now’s the time to consider Budva for your next investment. Add in the influence of Porto Montenegro’s luxury appeal, and Budva’s rising property values become even more compelling.
Our vetted local insiders’ scouting and insights confirm that Budva is on the rise, making it the perfect place to live better, invest smarter, and enjoy life more.
About STR Scout
STR Scout is a newsletter crafted to help you enrich your life and grow your wealth globally through strategic investments in Airbnb properties and short-term rentals. We provide tools, resources, and insights tailored for real estate investors, guiding you to make informed decisions. The twice-weekly newsletter delivers property scouting reports, market trends, STR classifieds, and investment news, helping you discover the best opportunities in the global short-term rental market. Join
About STR Homes for Sale
STR Homes for Sale is the top Facebook marketplace for buying and selling Airbnb properties and short-term rentals, boasting 98,700 members. Since 2017, it has connected real estate investors with sellers, offering a free platform to showcase both on and off-market STR properties. With hundreds of thousands of monthly views, this community is a vital resource for those looking to maximize exposure and secure the best deals in the short-term rental market. Join