Property Abroad

Montenegro

Budva

Rafailovici

Flat

Flat 138 м² in Rafailovici, Montenegro

497 718 $

3 606 $ /м²

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Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #1

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #2

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #3

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #4

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #5

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #6

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #7

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #8

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #9

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #10

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #11

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #12

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #13

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #14

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #15

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #16

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #17

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #18

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #19

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Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #22

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #23

Flat 138m² in Montenegro, Rafailovici. Priced at 420000€ rent photo- #24

Area

138 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Rafailovići.

Let us introduce you to a unique lot - charming, spacious apartment with 2 bedrooms right on the 1 line pos. Rafailovichi. A few steps from the house - several sandy beaches, cafes, restaurants, shops and other infrastructure necessary for a comfortable life. This is an ideal place for a family holiday.

The apartment is located on the 4th floor in a house with an elevator. From the terrace there is an amazing, panoramic view of the sea.
The apartment has a garage space, which can be purchased for an additional 25,000 euros.

The apartment consists of:
- 2 bedrooms,
- 3 bathrooms,
- spacious living room,
- kitchens with dining area,
A large terrace that surrounds the entire apartment.

The apartment is sold with furniture and equipment.

Location: Rafailovici
Apartment area: 138 m2
Bedroom number: 2
Number of bathrooms: 3

Services and facilities

Lift

Garage/parking

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

497 718 $

Land area

Characteristics

Lift

Garage/parking

Furniture

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 (497 718 $) 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).