Property Abroad

Montenegro

Budva

Rafailovici

Flat

Flat 56 м² in Rafailovici, Montenegro

291 517 $

5 205 $ /м²

4Og87

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #1

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #2

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #3

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #4

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #5

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #6

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #7

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #8

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #9

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #10

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #11

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #12

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #13

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #14

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #15

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #16

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #17

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #18

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #19

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #20

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #21

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #22

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #23

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #24

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #25

Flat 56m² in Montenegro, Rafailovici. Priced at 250000€ rent photo- #26

Area

56 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Rafailovići.

Exclusive apartment in Rafailovichi. The living area of the apartment is 56 m2 + terrace.

The apartment is located on the first floor and has access to a large open terrace. The terrace of 80 m2 is in the exclusive use of the owner of this apartment (and is transferred to the future owner under the same conditions). The terrace is equipped with a place for rest, there is an exclusive massage jacuzzi (12 massagers, capacity - 8 people, the price of a jacuzzi is 30,000 euros), as well as a summer shower and bath.

The apartment is fully equipped with furniture and equipment of the best world manufacturers. Heated floor. Split system.

The house is located 250 meters from the sea, in one of the most beautiful new buildings of the Budva Riviera - AURA Tower (Pashtrovskaya Street). The house has a management company, reception, cafeteria, 3 elevators, an underground garage for three floors.

Two parking spaces in the garage are included in the price.

Services and facilities

Furniture

Lift

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

291 517 $

Land area

Characteristics

Furniture

Lift

Garage/parking

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 (291 517 $) 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).