Flat 56 м² in Rafailovici, Montenegro

197 455 $

3 525 $ /м²

4Odwe

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #1

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #2

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #3

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #4

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #5

Flat 56m² in Montenegro, Rafailovici. Priced at 170000€ rent photo- #6

Area

56 м²

Bedrooms

Apartment in Budva. The city is Rafailovići.

Description

One bedroom apartment in Rafailovici (Budva) - cost 170,000 euros

One bedroom apartment for sale in Rafailovici.
The total area of the apartment is 56 sq.m., 2nd floor, the building has an elevator.
Structure: corridor, living room combined with kitchen, bedroom, bathroom and terrace.
The apartment has a beautiful sea view.
For residents of the house there is a swimming pool and a relaxation area.
Garage space is included in the price.
Distance to the sea 350 m.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

197 455 $

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 (197 455 $) 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).