Budva, Montenegro 🇲🇪
#1077
,
Nomad Score:
63%
Essentials
| 🏙️ City | Budva is a coastal town located on the Adriatic Sea, known for its medieval architecture and vibrant nightlife. |
| 👥 Population | Approximately 20,000 residents. |
| 💻 Internet Speed | Average internet speed is around 50 Mbps. |
| 💸 Currency & Banking | Currency is the Euro (1 EUR ≈ 1.07 USD). ATMs are widely available. |
| 🚰 Tap Water | Tap water is generally considered potable. |
| 🔌 Power | Electricity is 230V, 50Hz, with Type C/E sockets. |
| 📶 SIM Card | Providers include Telenor and mts, offering packages starting at €10. |
| 💳 Banking for Expats | Revolut and local banks like Crnogorska Komercijalna Banka are commonly used. |
| 🛌 Accommodation | Options include hotels, hostels, and private rentals on platforms like Airbnb. |
| 💳 Cashless Friendly | Yes, cards are accepted widely at most establishments. |
| 🏠 Short Term Rentals | Airbnb and Booking.com are popular choices for short-term stays. |
| 🛏️ Budget Accommodation | Hostel Budva and The Wandering are affordable options. |
| 🏙️ Best Area to Stay for Tourists | The Old Town (Stari Grad) offers historical charm and proximity to attractions. |
| 🏙️ Best Area to Stay for Digital Nomads | Becici or the area near the marina provide a quieter environment with coworking spaces. |
Working and Networking
| 🏢 Best Coworking Space | COWO Budva offers a vibrant community and good facilities. |
| ☕ Best Cafe for Work | Cafe Niko is a popular spot with reliable Wi-Fi and a warm atmosphere. |
| 💼 Networking Events | Check local Facebook groups for upcoming meetups and events. |
| 🥂 Social Events for Expats | Events are organized through Budva Expat Community on Facebook. |
Transportation
| 🚕 Best Taxi/Ride App | Moj Taxi is the recommended ride-hailing app. |
| 🚲 Bike/Scooter Rental | Locals offer bike rentals near the beachfront for about €10 per day. |
| 🏖️ Best Beach Nearby | Mogren Beach is within walking distance and well-maintained. |
| ✈️ Top Regional Airline | Montenegro Airlines offers regional routes to other countries. |
| ✈️ Top International Airline | Air Serbia provides international connections. |
| 🛣️ Highway Access | Budva is well-connected via E65 and E80 highways. |
| 🚉 Main Train/Transit Hub | Podgorica is the closest major transit hub, approximately 65 km away. |
| 🚍 Public Transport Passes | Local buses run regularly; fares are around €1 per ride. |
| ✈️ Regional Travel | Buses to nearby cities like Kotor and Tivat are frequent and inexpensive. |
Health and Wellness
| 🏥 Best Hospital | General Hospital Budva provides a range of medical services. |
| 🧘 Yoga & Wellness Centers | Yoga Budva offers classes for different skill levels. |
| 🏋️ Gyms & Fitness Centers | Fitness Club Budva has modern equipment and diverse classes. |
| 🧺 Laundry Services | Laundry service is available at Clean & Green in the city center. |
Food and Drink
| 📱 Best Food Delivery App | Wolt and Glovo cover food delivery in the area. |
| 🍽️ Best Local Dish to Try | Buzara, a local seafood dish, is a must-try at local restaurants. |
| 🍱 Vegan/Vegetarian Options | Restaurant Jadran offers a variety of vegetarian dishes. |
| 🍫 Best Dessert Spots | Café Duh is recognized for its delicious pastries and desserts. |
| 🛒 Affordable Shopping Spots | Local markets near the Old Town provide fresh produce at good prices. |
| 🛒 E-commerce/Online Store | Local sites like Tehnomax offer various consumer goods. |
| 🛒 Grocery Delivery | Supermarket delivery is offered by Idea and Voli. |
| 🍸 Bar/Nightlife Area | Popular nightlife is found at Top Hill and Trocadero. |
| 🍻 Local Brewery | Montenegrin craft beers can be found at nearby breweries like Vujacic. |
| 🍷 Wine Bars | Wine Bar Nika offers a great selection of local wines. |
| 🍲 Street Food Stalls | Kebab kiosks are prevalent, offering tasty street food. |
| 🍕 Popular International Cuisine | Mali Pub is a top-rated pub serving a variety of international dishes. |
Culture and Attractions
| 🎟️ Must-See Landmarks | The Citadel and St. John Church are iconic historical sites. |
| 🏛️ Museums & Art Venues | The Budva City Museum showcases local history and culture. |
| 🏰 Historical Sites | The Old Town is a UNESCO site with rich history. |
| 🕍 Religious Sites | The Church of St. Mary in Punta is a notable religious site. |
| 🎉 Annual Events | The Budva Carnival and Music Festival occur annually in summer. |
| 🎨 Cultural Districts | The Old Town serves as the cultural heart of Budva. |
| 🎭 Theater Venues | Theatre City hosts numerous performances and festivals. |
| 🛍️ Local Markets | The Budva market offers souvenirs, crafts, and local produce. |
| 🎼 Music Scene | Live music can be enjoyed at bars throughout the Old Town. |
| 🎨 Street Art | Urban art can be spotted in various alleys of Budva. |
| 🧑🍳 Cooking Classes | Cooking classes are available at local culinary schools. |
| 👩🎨 Art Galleries | Gallery A begins hosting various local artists exhibits. |
| 🕰️ Historic Buildings | The buildings within the Old Town showcase Venetian architecture from the 15th century. |
| 🏴 Local Heritage | Budva's heritage is influenced by its historical connections with Greece and Italy. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | Sveti Nikola Island provides hiking and snorkeling opportunities. |
| 🏞️ National Parks Nearby | Durmitor National Park is about a 2-hour drive, known for stunning nature. |
| 🚲 Cycling/Walking Paths | Budva has coastal promenades ideal for walking and cycling. |
| 🌄 Scenic Viewpoints | The viewpoint near Mogren Beach offers incredible views of the coastline. |
| 🦉 Birdwatching Locations | Various spots along the coast provide great birdwatching opportunities. |
| 🔥 Bonfire-Friendly Spots | Designated areas on beaches are available for bonfires. |
Other Services and Amenities
| 📦 Parcel Delivery Service | DHL and local postal services provide reliable parcel delivery. |
| 🛠️ Tech Repair Services | IT services can be found at several local shops around the Old Town. |
| 🏓 Table Tennis Spots | Public tables are available in some parks. |
| 🧑🏫 Language Classes | Local language schools provide courses in Montenegrin and English. |
| 📚 Libraries & Study Spots | The local library offers study spaces and internet access. |
| 🏘️ Community Centers | Cultural center Puška offers community events and classes. |
| 🕹️ Gaming Lounges | Local gaming cafe is available for community and eSports. |
| 🎰 Casino & Gaming Halls | Casino Royale is a popular destination for gaming in Budva. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. €2,500 per m² (e.g., 40 m² = €100,000). |
| 🏢 Studio Purchase Price (Outside City) | Approx. €1,800 per m² (e.g., 40 m² = €72,000). |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. €2,800 per m² (e.g., 60 m² = €168,000). |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. €2,200 per m² (e.g., 60 m² = €132,000). |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. €3,200 per m² (e.g., 80 m² = €256,000). |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. €2,600 per m² (e.g., 80 m² = €208,000). |
| 💼 Corporate Tax | 9% corporate tax rate. |
| 💵 Dividend Withholding Tax | 9% tax applied to dividend distributions. |
| 🏦 Tax System | Residents are taxed on worldwide income. |
| 📈 Highest Income Tax Bracket | Personal income tax rate can go up to 15%. |
| 🧾 VAT | The standard VAT rate is 21%. |
| 🌐 Controlled Foreign Company (CFC) Rules | Montenegro does not impose strict CFC rules. |
| 🏠 Property Tax | Annual property tax is based on a percentage of the property's value. |
| 🏠 Property Transaction Tax | The property transaction tax is 3%. |
| 💻 Attractive Tax System for Digital Nomads | There are favorable conditions for digital nomads, including residency options. |