AI Summary

A spacious 132 sq. m apartment on the Budva Riviera is the perfect combination of comfort and proximity to the sea, located just 600 meters from the coast. The apartment features two bright bedrooms and a large living room, creating all the conditions for comfortable living, while the cozy balcony will become your favorite place to relax with views of the picturesque surroundings. This exclusive offer for 529,000 euros will give you an atmosphere of privacy and premium comfort in one of the most beautiful corners of Montenegro.

Penthouse in Rafailovići No. 1755

529 000 €
View: Sea view

Details

Area
132 м²
Land area
0 м²
Bedrooms
2
Bathrooms
3
Floor
7/7
Year built
2019
Parking
Yes
To sea
600 m
Price per m²
4 008 €

Description

Penthouse on the top floor of a residential building in the resort area of Rafailovici with panoramic views of the Budva Riviera. The building is located on a hill surrounded by mountains and picturesque nature, away from the tourist bustle. A new pedestrian bridge over the main road leads to the coast, significantly shortening the way to the beach. The resort of Rafailovici is known for its sandy beaches, a cozy promenade area with equipped beaches, numerous restaurants and cafes. The popular pebble beach Kamenovo is also nearby.

The penthouse, with an area of 132 m2, consists of two parts. In the larger part there are two bedrooms, a guest and main bathroom, and a large living room with a kitchen. In the second part there is a separate studio with its own kitchen and bathroom. A staircase leads from the apartment to the roof terrace, with an area of about 150 m2. From here there is a panoramic view of the Budva Riviera, the sea, and St. Nicholas Island.

The penthouse also includes two parking spaces in the building’s underground garage.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
529 000 €
Real estate transfer tax
23 740 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 1 740 € (6% × 29 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs24 761 €
Estimated costs to purchase the propertyTotal: 553 761 €

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 600 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
€529,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,632/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,717/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€2,761/мес
Monthly payment
€2,444
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€370,300
Total interest€216,216
Loan amount
€370,300
Total interest
€216,216
Total payment
€586,516

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.

529 000 €
4 008 €/m²1755