Flat 120 м² in Rafailovici, Montenegro

742 559 $

6 187 $ /м²

4Og5w

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #1

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #2

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #3

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #4

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #5

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #6

Flat 120m² in Montenegro, Rafailovici. Priced at 650000€ rent photo- #7

Area

120 м²

Bedrooms

Bathrooms

Year of construction

2024

Penthouse in Rafailovici

Area: 120 m2 + roof terrace 100 m2

Floor: 7

Elevator: Yes
View: sea and mountains
The structure of the apartment: 3 bedrooms, 4 bathrooms, 2 kitchens, 3 terraces.
On the roof terrace there is a fully equipped kitchen, a barbecue area, a bathroom with a shower.

Parking space is included in the price.

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

742 559 $

Characteristics

Lift

Distance to key points, m

To sea 50

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 (742 559 $) 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).