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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.

ApartmentsNo. 1755

Penthouse in Rafailovići No. 1755

Budva Riviera
€529,000
View: Sea view

Details

Area
132 m²
Land area
0 m²
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.

Amenities

Sea ViewAir conditioningParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

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

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€24,779
Estimated costs to purchase the propertyTotal: €553,779

Location

What's nearby

  • Kindergarten1.7 km
  • GroceriesLux362 m
  • Pharmacy388 m
  • RestaurantKod Saičića342 m
  • Bus stopRafailovići437 m
  • ATM422 m
  • AirportTivat Airport19.0 km
  • PortMarina Budva3.8 km
  • Sea600 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 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%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,632/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,717/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,761/mo
Monthly payment
€2,444
Over 240 months · at 5.0% p.a.
63%principal
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/m²No. 1755