AI Summary

“Your ideal home just 80 meters from the azure sea in picturesque Rafailovići! This cozy two-story house with an area of 100 m² has everything for comfortable living: a spacious living room, a functional kitchen, and four bright bedrooms for the whole family — an ideal option for vacation or investment for 590,000 EUR.”

House in Rafailovići No. 377

Rafailovici · Budva Riviera, Rafailovići, Montenegro
590 000 €
View: Sea view

Details

Area
100 м²
Land area
65 м²
Bedrooms
4
Parking
Yes
To sea
80 m
Price per m²
5 900 €

Description

A magnificent four-story villa in medieval style, 80 meters from the beach. Built in the 18th century, it was renovated in 2007. There are many cafes and shops nearby. On the 1st floor: a shared living-dining room with a kitchen and access to the inner courtyard, a bathroom with a shower. On the 2nd floor: 1 bedroom, a bathroom with a shower. On the 3rd floor: 2 bedrooms, a bathroom with a bathtub. On the 4th floor: a studio with a magical sea view, a kitchenette, a bathroom with a shower, a terrace. The beach is fine pebbles and sand.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
590 000 €
Real estate transfer tax
27 400 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 5 400 € (6% × 90 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs28 484 €
Estimated costs to purchase the propertyTotal: 618 484 €

Location

What's nearby

  • Kindergarten1.4 km
  • GroceriesLux128 m
  • Pharmacy196 m
  • RestaurantZeta10 m
  • Bus stopRafailovići379 m
  • ATM59 m
  • AirportTivat Airport19.0 km
  • PortMarina Budva3.5 km
  • Sea80 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 80 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€590,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,935/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,031/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,079/мес
Monthly payment
€2,726
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€413,000
Total interest€241,148
Loan amount
€413,000
Total interest
€241,148
Total payment
€654,148

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

590 000 €
5 900 €/m²377