AI Summary

A spacious 110 sq. m apartment in Rafailovići is ideal for a large family thanks to its well-thought-out layout with three bedrooms, two kitchens, and five living areas. The apartment has two bathrooms and three cozy balconies, and the coast is only 1,000 meters away — an excellent choice for comfortable seaside living for EUR 395,000.

SaleApartments#712

Apartment in Rafailovići No. 712

Rafailovici · Budva Riviera, Rafailovići, Montenegro
395 000 €

Details

Area
110 м²
Bedrooms
3
Bathrooms
1
Floor
4/5
Parking
Yes
To sea
1000 m
Price per m²
3 591 €

Description

Apartment in Budva In the small resort town of Rafailovići, an apartment with a total area of 110 m2 is for sale. The apartment is located on the 4th floor of a building that is 1000 m away from the sea. The apartment has a living room, a kitchen with a dining area, a bathroom, three bedrooms, and three terraces. The windows offer a stunning sea view.

Amenities

ParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
395 000 €
Real estate transfer tax
16 750 €
4 500 € (3% × 150 000) + 12 250 € (5% × 245 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs17 630 €
Estimated costs to purchase the propertyTotal: 412 630 €

Location

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 1000 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
€395,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€1,965/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,029/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,062/мес
Monthly payment
€1,825
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€276,500
Total interest€161,447
Loan amount
€276,500
Total interest
€161,447
Total payment
€437,947

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.

395 000 €
3 591 €/m²№ 712