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Flat 70 м² in Rafailovici, Montenegro

333 131 $

4 759 $ /м²

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Area

70 м2

Bedrooms

2

Bathrooms

1

Budva, Rafailovici - one bedroom apartment on the sea front

Budva, Rafailovici - one bedroom apartment on the sea front

A luxury one bedroom apartment of 70 m2 with open sea view in close proximity to the beach in Rafailovici, Budva is for sale.

The apartment consists of a spacious open plan living room with kitchen and dining area, a spacious terrace with open sea view and access from the living room and one of the bedrooms, a bathroom, two bedrooms and a smaller terrace belonging to the second bedroom.

The apartment is fully air conditioned and furnished with luxury branded furniture. The floors in the apartment are covered with first class ceramics with underfloor heating in the kitchen and bathroom.

Price €285,000

Services and facilities

Air conditioner
Street window
Balcony or terrace
Furniture

Additional details

Property type

Residential Properties

Number of rooms

2

Publication

From the Agency

Object type

Flat

Price

333 131 $

Condition

Furnished

Location

By the Sea

Characteristics

Air conditioner
Street window
Balcony or terrace
Furniture
Sea View
Mountain View

Infrastructure

Beach transfer

Multimedia

Plan

Purchase method

Cash

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Rafailovici; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Rafailovici short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (333 131 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Rafailovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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