Property Abroad

Montenegro

Budva

Rafailovici

Flat

Flat 49 м² in Rafailovici, Montenegro

272 559 $

5 562 $ /м²

4Og64

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #1

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #2

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #3

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #4

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #5

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #6

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #7

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #8

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #9

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #10

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #11

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #12

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #13

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #14

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #15

Flat 49m² in Montenegro, Rafailovici. Priced at 230000€ rent photo- #16

Area

49 м²

Bedrooms

Bathrooms

Two bedroom apartment near the sea

The apartment is located in a new modern building 20 meters from the beach
Area 49 m2, second floor (there is an elevator)

Planning - compact kitchen-living room, 2 bedrooms, bathroom, terrace with side sea views

The apartment is fully furnished and equipped with equipment

Excellent for living and renting
There is an opportunity to purchase parking in an underground garage for 25,000 euros

Services and facilities

Lift

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

272 559 $

Characteristics

Lift

Garage/parking

Distance to key points, m

To sea 20

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 (272 559 $) 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).