Flat 150 м² in Budva, Montenegro

615 817 $

4 105 $ /м²

4OZwi

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #1

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #2

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #3

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #4

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #5

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #6

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #7

Flat 150m² in Montenegro, Budva. Priced at 525000€ rent photo- #8

Area

150 м²

Bedrooms

Bathrooms

Three-bedroom apartment on the first line from the sea in Rafailovici, Budva Riviera

Located on the second floor of a small residential building without an elevator, in an excellent location in Rafailovici - on the first line from the sandy beach! The apartment with a total area of 150m2 consists of: a spacious open-plan living room with kitchen and dining area, a terrace of 30m2 with panoramic sea views, 3 separate bedrooms, 2 bathrooms. For more information and property viewing appointments, please contact our consultants at info@residomontenegro.com.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

615 817 $

Characteristics

Pool

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Budva; 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 Budva 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 (615 817 $) 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 Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).