Skip to content

AI Summary

A spacious 94 sq. m apartment in prestigious Rafailovici is located just 100 meters from the azure sea. The apartment features two cozy bedrooms, two bathrooms, and four balconies, with everything thoughtfully designed for comfortable living and an unforgettable seaside holiday.

ApartmentsNo. 1485

Apartment in Rafailovici No. 1485

Rafailovici · Budva Riviera, Rafailovici, Montenegro
€340,000
View: Sea view

Details

Area
94 m²
Bedrooms
2
Bathrooms
2
Year built
2014
To sea
100 m
Price per m²
€3,617

Description

A spacious and stylish apartment on the first line of the resort area of Rafailovici. Fully furnished and equipped, the 94 m2 apartment consists of a living room combined with a kitchen area, which opens onto a large terrace with panoramic sea views, two bedrooms, and two bathrooms. Directly adjacent to the building is a promenade area with numerous restaurants, cafes, and shops. There is also a marina for yachts and boats.

Amenities

Sea ViewAir conditioningFirst lineTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€340,000
Property transfer tax
€14,000
€4,500 (3% × 150,000) + €9,500 (5% × 190,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€14,835
Estimated costs to purchase the propertyTotal: €354,835

Location

What's nearby

  • Kindergarten1.6 km
  • GroceriesLux151 m
  • Pharmacy266 m
  • RestaurantApetit122 m
  • Bus stopRafailovići455 m
  • ATM172 m
  • AirportTivat Airport19.1 km
  • PortMarina Budva3.6 km
  • Sea100 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 100 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
€340,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,691/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,747/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,774/mo
Monthly payment
€1,571
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€238,000
Total interest€138,967
Loan amount
€238,000
Total interest
€138,967
Total payment
€376,967

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.

€340,000
€3,617/m²No. 1485