Nestled on the coast of the Adriatic Sea, Becici is a charming town known for its rich history, breathtaking landscapes, and desirable real estate. The town brims with cultural heritage, a proud legacy reflected in its historical sights such as the Centuries-old Orthodox Churches and historical buildings perched on hilly terrains. Geographically, Becici is situated in Montenegro, forming a part of the Budva Municipality, and boasting a panoramic view of the impressive Mountain Lovćen. The outstanding natural beauty complements its historical significance, setting the stage for a unique investment opportunity in luxury homes.
The Exclusive Property Market in Becici
The current exclusive property market in Becici is stable and robust, presenting excellent opportunities for discerning investors. Demand for luxury houses and apartments comfortably matches the supply, maintaining a healthy equilibrium. Despite global uncertainties, the local political and economic situation remains stable, providing a conducive environment for real estate investments.
Investing in Luxury Homes: Understanding Costs
Purchasing a luxury home or apartment in Becici involves several associated costs. Apart from the property value, buyers should factor in the real estate commission, transfer tax, notary fees, and potential legal or construction inspection costs. The average real estate commission varies depending on the value of the property and the agency involved. Additionally, the transfer tax on private property is in line with Montenegrin regulations, as is the wealth tax on privately owned houses.
Tax Implications for Property Owners
Importantly, potential investors should be aware of the tax implications when buying property in Becici. Any profit made from selling a privately-owned home used as a main residence or a second home is subject to tax according to Montenegrin law. Corporates should note the corporate tax on profits, while registered residents of Becici are subjected to the standard income tax rate of Montenegro.
Access to Mortgage in Becici
Mortgage requirements in Becici conform to the norms followed in most European countries, with factors such as the ratio between own and foreign capital and income playing a decisive role. The maximum mortgage one can get on the purchase price is determined by multiple attributes including the applicant's financial status and the property value.
Premium Neighborhoods in Becici
Becici's prime residential areas are often characterized by luxury homes with stunning sea views and proximity to various amenities. Some of these coveted areas include the nearby Budva Riviera and Rafailovici.
Getting to and around Becici
Surrounded by well-connected roads and rail networks, Becici is conveniently accessible from neighboring towns and cities. Tivat, the nearest city, is less than an hour's drive away, while Tivat Airport and Podgorica Airport are the closest domestic and international connectivity hubs.
Education & Health in Becici
Reputable educational institutions such as Mediterranean University and Danilo Kiš High School are located in proximity to Becici, ensuring quality education. Additionally, the International Hospital of Montenegro and Meljine Hospital cater to medical needs.
Luxury Lifestyle in Becici
Becici offers an array of luxurious lifestyle establishments, from boutique stores and high-end hotels like Hotel Splendid to exquisite dining options. Moreover, the town thrives in sports and outdoor activities such as yachting, hiking, and more. Annual sporting events like the Adriatic Beach Volleyball Championship are held here, attracting global attention.
Art, Culture & Infrastructure in Becici
The town also boasts prominent museums and art galleries, the renowned Budva Theatre, along with a number of cultural and historical events. Infrastructure and amenities are well-maintained, further enhancing the town’s appeal as a choice destination.