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Flat 59 м² in Rafailovici, Montenegro

350 664 $

5 943 $ /м²

4OhWT
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Area

59 м2

Bedrooms

1

Bathrooms

1

Year of construction

2025

Apartment on the first line of the sea in Rafailovichi

Apartment on the first line of the sea in Rafailovichi - 59 m2 + terrace 15 m2
We offer for sale a one-bedroom apartment in Rafailovichi, located on the first line by the sea, directly next to one of the most beautiful beaches of the Budva Riviera. This is a rare offer with a spacious terrace and a unique location, ideal for both holidays and investments.


The main features

Apartment area: 59 m2

Terrace area: 15 m2

Floor: 2
Location: the first line of the sea

Distance to the beach: several steps
Such objects on the first line are limited in supply and retain high liquidity.


Planning: living room with kitchen area, private bedroom, bathroom, large terrace 15 m2 for rest
The spacious terrace allows you to create a full-fledged outdoor recreation area - an ideal place for breakfast with sea views or evening relaxation.


Location and infrastructure
Rafailovichi - a cozy resort with a developed tourist infrastructure - a landscaped embankment, restaurants and cafes by the sea, shops and services within walking distance, convenient communication with Budva
The district combines an atmosphere of relaxation and proximity to city life.



The apartment is perfect:

for seasonal residence by the sea

for short-term rental with high yield

for long-term investment in real estate in Montenegro
Real estate on the first line traditionally demonstrates stable demand and growth in value.

Additional details

Property type

Residential Properties

Object type

Flat

Price

350 664 $

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 (350 664 $) 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).

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