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Guide
Budva, Montenegro π²πͺ
#1077
,
Nomad Score:
62%
Essentials
ποΈ City | Budva is a coastal town located on the Adriatic Sea, known for its medieval architecture and vibrant nightlife. |
π₯ Population | Approximately 20,000 residents. |
π» Internet Speed | Average internet speed is around 50 Mbps. |
πΈ Currency & Banking | Currency is the Euro (1 EUR β 1.07 USD). ATMs are widely available. |
π° Tap Water | Tap water is generally considered potable. |
π Power | Electricity is 230V, 50Hz, with Type C/E sockets. |
πΆ SIM Card | Providers include Telenor and mts, offering packages starting at β¬10. |
π³ Banking for Expats | Revolut and local banks like Crnogorska Komercijalna Banka are commonly used. |
π Accommodation | Options include hotels, hostels, and private rentals on platforms like Airbnb. |
π³ Cashless Friendly | Yes, cards are accepted widely at most establishments. |
π Short Term Rentals | Airbnb and Booking.com are popular choices for short-term stays. |
ποΈ Budget Accommodation | Hostel Budva and The Wandering are affordable options. |
ποΈ Best Area to Stay for Tourists | The Old Town (Stari Grad) offers historical charm and proximity to attractions. |
ποΈ Best Area to Stay for Digital Nomads | Becici or the area near the marina provide a quieter environment with coworking spaces. |
Working and Networking
π’ Best Coworking Space | COWO Budva offers a vibrant community and good facilities. |
β Best Cafe for Work | Cafe Niko is a popular spot with reliable Wi-Fi and a warm atmosphere. |
πΌ Networking Events | Check local Facebook groups for upcoming meetups and events. |
π₯ Social Events for Expats | Events are organized through Budva Expat Community on Facebook. |
Transportation
π Best Taxi/Ride App | Moj Taxi is the recommended ride-hailing app. |
π² Bike/Scooter Rental | Locals offer bike rentals near the beachfront for about β¬10 per day. |
ποΈ Best Beach Nearby | Mogren Beach is within walking distance and well-maintained. |
βοΈ Top Regional Airline | Montenegro Airlines offers regional routes to other countries. |
βοΈ Top International Airline | Air Serbia provides international connections. |
π£οΈ Highway Access | Budva is well-connected via E65 and E80 highways. |
π Main Train/Transit Hub | Podgorica is the closest major transit hub, approximately 65 km away. |
π Public Transport Passes | Local buses run regularly; fares are around β¬1 per ride. |
βοΈ Regional Travel | Buses to nearby cities like Kotor and Tivat are frequent and inexpensive. |
Health and Wellness
π₯ Best Hospital | General Hospital Budva provides a range of medical services. |
π§ Yoga & Wellness Centers | Yoga Budva offers classes for different skill levels. |
ποΈ Gyms & Fitness Centers | Fitness Club Budva has modern equipment and diverse classes. |
π§Ί Laundry Services | Laundry service is available at Clean & Green in the city center. |
Food and Drink
π± Best Food Delivery App | Wolt and Glovo cover food delivery in the area. |
π½οΈ Best Local Dish to Try | Buzara, a local seafood dish, is a must-try at local restaurants. |
π± Vegan/Vegetarian Options | Restaurant Jadran offers a variety of vegetarian dishes. |
π« Best Dessert Spots | CafΓ© Duh is recognized for its delicious pastries and desserts. |
π Affordable Shopping Spots | Local markets near the Old Town provide fresh produce at good prices. |
π E-commerce/Online Store | Local sites like Tehnomax offer various consumer goods. |
π Grocery Delivery | Supermarket delivery is offered by Idea and Voli. |
πΈ Bar/Nightlife Area | Popular nightlife is found at Top Hill and Trocadero. |
π» Local Brewery | Montenegrin craft beers can be found at nearby breweries like Vujacic. |
π· Wine Bars | Wine Bar Nika offers a great selection of local wines. |
π² Street Food Stalls | Kebab kiosks are prevalent, offering tasty street food. |
π Popular International Cuisine | Mali Pub is a top-rated pub serving a variety of international dishes. |
Culture and Attractions
ποΈ Must-See Landmarks | The Citadel and St. John Church are iconic historical sites. |
ποΈ Museums & Art Venues | The Budva City Museum showcases local history and culture. |
π° Historical Sites | The Old Town is a UNESCO site with rich history. |
π Religious Sites | The Church of St. Mary in Punta is a notable religious site. |
π Annual Events | The Budva Carnival and Music Festival occur annually in summer. |
π¨ Cultural Districts | The Old Town serves as the cultural heart of Budva. |
π Theater Venues | Theatre City hosts numerous performances and festivals. |
ποΈ Local Markets | The Budva market offers souvenirs, crafts, and local produce. |
πΌ Music Scene | Live music can be enjoyed at bars throughout the Old Town. |
π¨ Street Art | Urban art can be spotted in various alleys of Budva. |
π§βπ³ Cooking Classes | Cooking classes are available at local culinary schools. |
π©βπ¨ Art Galleries | Gallery A begins hosting various local artists exhibits. |
π°οΈ Historic Buildings | The buildings within the Old Town showcase Venetian architecture from the 15th century. |
π΄ Local Heritage | Budva's heritage is influenced by its historical connections with Greece and Italy. |
Nature and Outdoor Activities
π Nearby Nature Escapes | Sveti Nikola Island provides hiking and snorkeling opportunities. |
ποΈ National Parks Nearby | Durmitor National Park is about a 2-hour drive, known for stunning nature. |
π² Cycling/Walking Paths | Budva has coastal promenades ideal for walking and cycling. |
π Scenic Viewpoints | The viewpoint near Mogren Beach offers incredible views of the coastline. |
π¦ Birdwatching Locations | Various spots along the coast provide great birdwatching opportunities. |
π₯ Bonfire-Friendly Spots | Designated areas on beaches are available for bonfires. |
Other Services and Amenities
π¦ Parcel Delivery Service | DHL and local postal services provide reliable parcel delivery. |
π οΈ Tech Repair Services | IT services can be found at several local shops around the Old Town. |
π Table Tennis Spots | Public tables are available in some parks. |
π§βπ« Language Classes | Local language schools provide courses in Montenegrin and English. |
π Libraries & Study Spots | The local library offers study spaces and internet access. |
ποΈ Community Centers | Cultural center PuΕ‘ka offers community events and classes. |
πΉοΈ Gaming Lounges | Local gaming cafe is available for community and eSports. |
π° Casino & Gaming Halls | Casino Royale is a popular destination for gaming in Budva. |
Business
π’ Studio Purchase Price (City Center) | Approx. β¬2,500 per mΒ² (e.g., 40 mΒ² = β¬100,000). |
π’ Studio Purchase Price (Outside City) | Approx. β¬1,800 per mΒ² (e.g., 40 mΒ² = β¬72,000). |
π 1-Bedroom Purchase Price (City Center) | Approx. β¬2,800 per mΒ² (e.g., 60 mΒ² = β¬168,000). |
π 1-Bedroom Purchase Price (Outside City) | Approx. β¬2,200 per mΒ² (e.g., 60 mΒ² = β¬132,000). |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. β¬3,200 per mΒ² (e.g., 80 mΒ² = β¬256,000). |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. β¬2,600 per mΒ² (e.g., 80 mΒ² = β¬208,000). |
πΌ Corporate Tax | 9% corporate tax rate. |
π΅ Dividend Withholding Tax | 9% tax applied to dividend distributions. |
π¦ Tax System | Residents are taxed on worldwide income. |
π Highest Income Tax Bracket | Personal income tax rate can go up to 15%. |
π§Ύ VAT | The standard VAT rate is 21%. |
π Controlled Foreign Company (CFC) Rules | Montenegro does not impose strict CFC rules. |
π Property Tax | Annual property tax is based on a percentage of the property's value. |
π Property Transaction Tax | The property transaction tax is 3%. |
π» Attractive Tax System for Digital Nomads | There are favorable conditions for digital nomads, including residency options. |