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Flat 90 м² in Rafailovici, Montenegro

ID 4Oeyo
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Area
90 m²
Bedrooms
3

Description

Apartment in Budva. The city is Rafailovići.

Description

Area: 90m²
Bedrooms: 2
Bathrooms: 2
Floor: 7 of 9
Year of construction: 2022
Parking in the underground garage: 1

An exclusive apartment with a stunning panoramic view of the Adriatic Sea is for sale, located on the picturesque Budva Riviera. This property, with a total area of 90 m², combines modern design and high-quality finishes, offering owners maximum comfort and aesthetic pleasure.

The spacious living room is designed in light tones, harmoniously blending with elegant furniture and designer decor elements. The dining area, made of natural wood, complements the interior perfectly, creating an ideal space for entertaining guests. The kitchen is equipped with high-quality built-in furniture and a functional kitchen island, meeting all modern requirements for convenience and style.

The apartment is located on the seventh floor of a nine-story building with underground parking, providing an additional level of comfort and security. The developer of the building is known for reliability and high-quality work, while the management company ensures the impeccable condition of both the building and the surrounding area. The surrounding green space contributes to an atmosphere of harmony with nature.

The location of the property is also impressive: the famous Kamenovo beach is just a 5-minute walk away, and the best beaches in the region, along with a promenade featuring fine dining restaurants and cozy cafes, are in close proximity.

The price of the apartment includes a parking space in a secure underground garage.

This apartment is a unique opportunity to acquire property on the Adriatic coast. Don’t miss your chance to become its owner!

Characteristics

Property type
Residential Properties
Object type
Flat
Price
422 826 $

Window view

  • Sea View

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 (422 826 $) 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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Flat with sea view in Rafailovici, Montenegro