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Flat 66 м² in Rafailovici, Montenegro

268 043 $

4 061 $ /м²

4OezH
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Area

66 м2

Bedrooms

1

Apartment in Budva. The city is Rafailovići.

Description

Spacious one bedroom apartment on the first line to the sea, Rafailovici

Key parameters

  • Location: Rafailovichi
  • Property type: apartment
  • Object type: new building
  • Area: 66 m² (including terrace)
  • Number of bedrooms: 1
  • Number of bathrooms: 2
  • Floor: 4 (1 from the bottom of the level)
  • Price: 224,900 euros

Additional options

  • First line to the sea (20 meters)
  • Mountain view
  • Elevator
  • Large terrace
  • New complex with swimming pool

Materials

  • Floor: parquet

Communications

Georeferencing

  • Below is an embankment with restaurants, cafes, casinos and shops

For sale spacious one-bedroom apartment in a new complex on the first line of the sea in Rafailovici. The apartment has a total area of 66 m² with a large terrace and mountain views. The building has an elevator and a swimming pool, which provides a high level of comfort. The apartment is located only 20 meters from the sea, with developed infrastructure: restaurants, cafes, casinos and shops are located below. An excellent option for comfortable living or a holiday by the sea. Price - 224,900 euros.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

4

Object type

Flat

Price

268 043 $

Characteristics

Mountain 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 (268 043 $) 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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