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Flat 150 м² in Budva, Montenegro

588 210 $

3 921 $ /м²

4OZwi
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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

3

Bathrooms

2

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

588 210 $

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 (588 210 $) 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).

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