Penthouse in Rafailovići No. 1755, 132 m²

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.

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.