Pržno Real Estate: Sea-View Apartments by Sveti Stefan

Pržno sits on the road between Budva and Petrovac, close to the islet of Sveti Stefan and the Miločer park. It is more subdued than the Budva old town, with a small beach, restaurants and hillside terraces. Prices rise for seafront positions, while upper-slope flats are cheaper but need a car.

Buyers are largely Eastern European and Western Balkan investors, plus expat retirees. Podgorica airport is around an hour away. Compare with Bečići, Bar and the capital Podgorica.

For a sense of scale, the p25 of €175,000 buys a compact flat away from the water, while the upper quartile, from €420,000, is where sea-front finishes and terraces start.

Foreigners can own apartments and houses but agricultural land is restricted. The buyer typically pays 3% to 6% transfer tax, plus lawyer and notary fees (approx., verify locally). The citizenship-by-investment scheme closed in 2022. Use a lawyer to check the building's permits, the cadastre entry and that the flat is not subject to mortgages or disputes.

See the Montenegro guide, financing page and Montenegro overview.

Short-term rental income is front-loaded into summer; check running costs in winter.