288 106 $
Rafailovici, Montenegro
- Area
- 38 m²
- Bathrooms
- 1
- To sea
- 10 m
Description
Five-star residential complex on the first line
The five-star residential complex is located just 10 meters from the sea and offers direct access to its own beach area. This is a combination of coziness, modern design and high level of service from an international hotel brand with a long-term reputation.
What does the project include? 136 private residences (from studios to spacious three-bedroom apartments)
156 hotel rooms
100 parking spaces
Private beach area of 3,383 m2
Indoor and outdoor swimming pool
3 restaurants and 3 bars
Two-level casino
wellness center, SPA, fitness room The owners of the apartments get full access to all the amenities of the complex and special conditions of service, like the guests of a five-star hotel.
Advantages for owners: Free use of the beach, swimming pools and SPA 10% discounts in restaurants, bars, fitness room and spa treatments Rental program: income divided 70/30 in favor of the owner
All the care for renting housing is taken over by the management company
Why is it profitable?
Management from an international brand with a reliable reputation High demand and stable income thanks to a developed booking system Convenient payment plan: 20% when signing the contract, 70% in stages, 10% when renting a house (until May 1, 2027)
Affordable housing options: Studios with an area of 38 m2 with sea views (from 288 800 €) 1 bedroom apartments from 56 m2 with spacious terraces and panoramic views (from 263 200 €) 2 bedroom apartment with an area of 113 m2 with sea views (from 802 300 €)
What does the project include? 136 private residences (from studios to spacious three-bedroom apartments)
156 hotel rooms
100 parking spaces
Private beach area of 3,383 m2
Indoor and outdoor swimming pool
3 restaurants and 3 bars
Two-level casino
wellness center, SPA, fitness room The owners of the apartments get full access to all the amenities of the complex and special conditions of service, like the guests of a five-star hotel.
Advantages for owners: Free use of the beach, swimming pools and SPA 10% discounts in restaurants, bars, fitness room and spa treatments Rental program: income divided 70/30 in favor of the owner
All the care for renting housing is taken over by the management company
Why is it profitable?
Management from an international brand with a reliable reputation High demand and stable income thanks to a developed booking system Convenient payment plan: 20% when signing the contract, 70% in stages, 10% when renting a house (until May 1, 2027)
Affordable housing options: Studios with an area of 38 m2 with sea views (from 288 800 €) 1 bedroom apartments from 56 m2 with spacious terraces and panoramic views (from 263 200 €) 2 bedroom apartment with an area of 113 m2 with sea views (from 802 300 €)
Characteristics
- Property type
- Residential Properties
- Object type
- Flat
- Price
- 291 651 $
- Year of construction
- 2027
Services and facilities
- Pool
Distance to key points (meters)
- To sea
- 10 m
FAQ
How can I get a residence permit by buying property in Montenegro?
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.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (291 651 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
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).
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