Flat 107 м² in Rafailovici, Montenegro

735 437 $

6 873 $ /м²

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Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #1

Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #2

Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #3

Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #4

Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #5

Flat 107m² in Montenegro, Rafailovici. Priced at 620600€ rent photo- #6

Area

107 м²

Bedrooms

Apartment in Budva. Town - Rafailovici

Key parameters

Location: Rafailovichi, Budva Riviera
Square: 107 m2
Rooms: 2 bedrooms, living room, kitchen, 2 bathrooms
Distance to the beach: 50 meters
View: Direct sea view
Parking: Underground garage with auto-elevator, parking space is purchased additionally
Status: Fully furnished and ready for living or rent
Cost: 620 600 euros

Additional parameters
-- Heated bathroom floor
-- Smart home system
-- Split air conditioning system
-- High-quality sound insulation
-- Premium finish, tile, plumbing

Furniture and appliances
— Fully equipped kitchen: oven, microwave, refrigerator, dishwasher and washing machine
— Designer furniture
— High quality textiles

Materials
— Natural and premium finishing materials
— Modern plumbing of European brands
— Walls and floors with noise insulation

Communications
— Electricity, water supply, Internet
— Air conditioning
— Smart control system

Link to the terrain
? To the Old Town of Budva - 10 minutes walk along the sea
? To Sveti Stefan - 5 minutes by car

Appeal to potential buyers
Imagine: the morning begins with a panoramic view of the Adriatic, and the beach is only two steps away. This spacious apartment is ideal for those who appreciate comfort, privacy and quality. Suitable for both personal residence and rent with income. Excellent investment on the coast of Montenegro.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

735 437 $

Characteristics

Sea View

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 (735 437 $) 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).