Flat 57 м² in Rafailovici, Montenegro

318 550 $

5 588 $ /м²

4OhWG

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #1

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #2

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #3

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #4

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #5

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #6

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #7

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #8

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #9

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #10

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #11

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #12

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #13

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #14

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #15

Flat 57m² in Montenegro, Rafailovici. Priced at 270000€ rent photo- #16

Area

57 м²

Bedrooms

Bathrooms

Year of construction

2024

Apartment on the first line of the sea in Rafailovichi - 57 m2 + terrace 10 m2

Apartment on the first line of the sea in Rafailovichi - 57 m2 + terrace 10 m2
We offer for sale a one-bedroom apartment in Rafailovichi, located on the first line by the sea, just a few steps from one of the most beautiful beaches of the Budva Riviera. The property combines a rare location, comfortable area and high investment potential.

The main features

Apartment area: 57 m2

Terrace: 10 m2

Floor: 2
Location: the first line of the sea
Distance to the beach: actually near the building
This format of real estate on the first line is a limited supply in the market, which provides stable liquidity.

Planning: living room with kitchen area, separate bedroom, bathroom, spacious terrace 10 m2 for rest
The terrace becomes a full-fledged living space in the warm season - ideal for breakfast with sea views and evening rest.

Location and advantages of the area
Rafailovichi is a cozy resort with a developed tourist infrastructure: a wide beach line, an embankment with restaurants and cafes, walking accessibility of all services, proximity to Budva while maintaining a calm atmosphere.
The first line provides maximum comfort of rest and high demand among tenants.

The apartment is ideal for summer residence by the sea, for short-term rental with high profitability, for long-term investments in liquid real estate.
Real estate on the first line in Rafailovichi traditionally shows stable demand and value growth.

Additional details

Property type

Residential Properties

Object type

Flat

Price

318 550 $

Distance to key points, m

To sea 10

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 (318 550 $) 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).