For Sale: Sea-view Studio in Rafailovici, Montenegro (Budva Riviera)
Location: Rafailovici – A Quiet Resort Next to Budva
The property is located in the village of Rafailovici, part of the Budva municipality (Montenegro, Adriatic coast). It is one of the most prestigious and tranquil suburbs of Budva, famous for its long sandy beaches and crystal-clear water. Rafailovici is ideal for those seeking a peaceful holiday away from the nightclub noise but wanting easy access to a major resort's amenities. The distance to Budva's Old Town is only 2-3 km. The nearest international airport is Tivat (20 km), while Podgorica airport is 65 km away. The area boasts a well-developed tourist infrastructure: a seaside promenade with Mediterranean restaurants, cafes, supermarkets, and bus stops are all within walking distance.
Proximity to the Sea
The main advantage is its location. The studio is situated just 30 meters from the coastline. Being on the ground floor ensures direct and fast access to the beach without climbing stairs or crossing busy roads. This is essentially a "first line" property.
Property Description
A compact studio apartment (open space) with a total area of 32 m² is offered for sale. Located on the ground floor of a residential building. The layout is optimized for comfortable living for a single person or a couple. The unit may require cosmetic updates or is ready to move in (to be checked upon viewing), allowing the new owner to personalize the interior.
Investment Potential
Rafailovici is a year-round destination. Thanks to its proximity to Budva and sandy beaches, this studio has high rental potential. Demand for short-term rentals is stable from May to October. It is a ready-made asset for investors focused on tourist rental income. The compact size ensures quick returns and low maintenance costs.
Extra Options
A garage/parking space is available separately for €33,000. In Montenegrin coastal towns, where parking is extremely scarce during the summer, having a private garage significantly increases the property's liquidity and living comfort.
Legal Status
The property is sold as a residential unit. Standard legal due diligence is recommended prior to purchase.
Price: €115,000 (studio) + €33,000 (optional garage).