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Flat 350 м² in Rafailovici, Montenegro

998 557 $

2 853 $ /м²

4Og8B
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Area

350 м2

Bedrooms

4

Bathrooms

2

Apartment in Budva. The city is Rafailovići.

For sale two-storey, three-level penthouse, located on the first line of the sea in an elite area of Montenegro, the village of Rafailovichi.

Total forgiveness penthouse 350 sq.m., including terraces, residential 233 sq.m.

Occupying the upper two floors (6-7th), and operated roof.

The apartment consists of three levels.

On the 1st level there is a hallway with stairs to the 2nd level, a wardrobe, a laundry room, two bathrooms, three bedrooms with balconies, a kitchen-dining room, a living room with a fireplace and stairs to the 3rd level with a large terrace with sea views, a barbecue area and for sunbathing.

On the 2nd level, there can be a choice of an office or gym, a library, a relaxation zone and a winter garden.

On the 3rd level - "operated roof", there is a summer kitchen, a barbecue - a fireplace, a tanning area.

Parking - own private parking near the house, asphalt road, convenient entrance, entrance to the embankment only for owners. Parking for yachts - located 50 meters from the house. Restaurants - "Three Fishermen", beautiful cafes and cozy terraces near the water are in close proximity.

All communications for the glazed gazebo are summed up. In the decoration, only high-quality materials were used (Italy, Germany), the walls are covered with multi-layer decorative plaster and natural stone, the fireplace has a heat curtain made of glass and trimmed with natural materials. The apartments are equipped with all the latest systems such as membrane ventilation, inverter cooling and heating systems Fillips, wi-fi Internet, warm floors, video surveillance system, etc. Furniture for this project was ordered by individual design in Italy. The bedrooms are equipped with a complete set of handmade furniture, including a toilet table, chairs, wardrobe and other small items. Kitchen - dining room is also made by special order from expensive varieties of wood. Its structure of facades is combined with doors, a table and other interior items. Also, along with the necessary equipment produced by leading world companies, a wine cabinet is included in the kitchen. The furniture is all Italian, nobody lived.

Plaster is used for a humid climate and plus ventilation. Warm floors are equipped with all rooms, including household, as well as a supply and exhaust ventilation system with recuperators.

Services and facilities

Garage/parking
Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

998 557 $

Land area

0

Characteristics

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 (998 557 $) 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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