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Flat 142 м² in Rafailovici, Montenegro

470 106 $

3 310 $ /м²

4Og89
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Area

142 м2

Bedrooms

2

Bathrooms

1

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.

Services and facilities

Lift
Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

470 106 $

Land area

0

Characteristics

Lift
Garage/parking

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 (470 106 $) 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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