Flat 45 м² in Rafailovici, Montenegro

251 238 $

5 583 $ /м²

4Oj30

Flat 45m² in Montenegro, Rafailovici. Priced at 224000€ rent photo- #1

Flat 45m² in Montenegro, Rafailovici. Priced at 224000€ rent photo- #2

Flat 45m² in Montenegro, Rafailovici. Priced at 224000€ rent photo- #3

Flat 45m² in Montenegro, Rafailovici. Priced at 224000€ rent photo- #4

Flat 45m² in Montenegro, Rafailovici. Priced at 224000€ rent photo- #5

Area

45 м²

Bedrooms

Apartment in Budva. Town - Rafailovichi

Apartment with sea view in Rafailovichi - 2 line, 45 m2
We offer for sale an apartment in Rafailovichi with beautiful open sea views, located just a few steps from the beach (2 line). The property combines proximity to the sea, functional layout and high rental potential.

The main features

Space: 45 m2

Floor: 5
Location: the second line from the sea
Distance to the beach: a few minutes walk
The fifth floor provides good visibility and natural lighting.

Planning: living room with kitchen area, bedroom, bathroom, terrace with sea view.
Rational format makes the apartment convenient for both family and guests.

Location and benefits
Rafailovichi is one of the most popular resort areas of the Budva Riviera: landscaped embankment, restaurants and cafes by the sea, developed tourist infrastructure, quick access to Budva
The second line allows you to maintain proximity to the beach with less noise and a better price compared to the first line.

The apartment is suitable:

for seasonal residence by the sea

for short-term rental

for long-term rental

as a liquid investment in real estate in Montenegro
Objects with sea views within walking distance from the beach are in stable demand on the market.
If you are considering buying an apartment in Rafailovichi by the sea, this option combines view, location and investment potential.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

251 238 $

Characteristics

Sea View

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 (251 238 $) 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).