Flat 142 м² in Rafailovici, Montenegro

ID 4Og89

Area: 142 m²
Bedrooms: 2
Bathrooms: 1

Description

Apartment in Budva. The city is Rafailovići.

Budva Riviera, Rafailovichi district. Two bedroom apartment with panoramic views The distance to the sea is 15m. Sea view Floor six. The house is equipped with an elevator Area of 142 sq.m. The apartment is for sale furnished Structure: - hallway; dressing room; living room with kitchen and dining area, two bedrooms, bathroom with combined bath (with shower) and toilet, large terrace Public parking is next to the house. Only residents of nearby houses park here – entry to this part of Rafailovichi is limited: at the entrance to this zone every tourist season, an automatic barrier is installed, access to which only residents of this location have access. Rafailovici is one of the most popular places in the Adriatic. Real estate here is in great demand - both in the tourist season and year-round. This apartment has a high rental potential, and will bring a stable income. In addition, this location is very popular among locals who appreciate comfort. Therefore, this apartment is also ideal for family holidays and permanent residence. Nearby is Rafailovichi beach, Kamenovo beach, promenade zone, with many restaurants and cafes, travel agencies. There are two grocery supermarkets, a tourist information center, a bus stop. To Budva - 3 km., to Tivat airport - 25 km.

Characteristics

Property type: Residential Properties
Object type: Flat
Price: 441 408 $
Land area: 0 m²

Services and facilities

Lift
Garage/parking

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 (441 408 $) 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).