Property Abroad

Montenegro

Budva

Rafailovici

Flat

Flat 79 м² in Rafailovici, Montenegro

580 738 $

7 351 $ /м²

4OTwH

Flat 79m² in Montenegro, Rafailovici. Priced at 496400€ rent photo- #1

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Area

79 м²

Bedrooms

Apartment in Budva. City - Rafailovici

Our complex is an exclusive combination of modern architectural elements that are often intertwined with the surrounding nature. Modern construction technologies, advanced project infrastructure, unique design solutions, high quality materials and spatial layout make the project the most anticipated premiere of the deluxe class on the Adriatic coast. The design is in line with the natural environment with great use of stone, the rooms offer impressive views of the sea and the mountains surrounding Budva. The flexible interiors can be easily transformed into an open living space thanks to fully opening doors and windows, providing panoramic views of the Adriatic Sea. The apartments are designed according to European standards.

Services and facilities

Pool

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

580 738 $

Condition

Furnished

Characteristics

Pool

Garage/parking

Balcony or terrace

Lift

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 (580 738 $) 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).