LOCATION
This apartment is located in Rafailovici, Budva Municipality, 4km away from the city center. The sea and the beach are 20m away from the apartment. Tivat airport is 23km away and Podgorica airport is 59km away from the apartment. The apartment is set next to the Becici beach, which has won an award as the most beautiful beach in Europe. In front of the building is the beautiful Rafailovici promenade which has many restaurants and bars.
ABOUT THE PROJECT
The project has 8 floors, while this apartment is on the 1st floor. There will be a hotel within the project. It will have many additional amenities: an indoor and outdoor pool, a 2 level casino, a gym, a private beach, wellness and spa and retail spaces (a vibrant selection of restaurants, cafes, bars and boutique shops). There will also be an option of managed rental option of the apartment while the owner is away. Underground garage spots are available to be purchased. The building is connected by an asphalt road to the main road. The project will be finished in December 2026. Maintenance is 6,90€ per square meter a month.
DESCRIPTION OF THE APARTMENT
Structure of the apartment: hallway, living room with kitchen and dining table, a bedroom, a bathroom and a terrace. Upon construction the apartment will be fully furnished and ready for moving in.
WHY CHOOSE THIS APARTMENT
This apartment is perfect for a summer home and short term renting. Its location near the beach, restaurants, bars, boutiques, being in a building with a hotel makes it a perfect short term rental. This is an opportunity for the buyer to acquire an apartment that can have a return on investment.
PAYMENT PLAN
10% on booking
60% during construction (completion December 2026)
30% in May 2027
DESCRIPTION OF THE REGION AND MUNICIPALITY
Budva is a town on the coast of Adriatic Sea, also referred as the Queen of the Mediterranean. It is a Tourist Capital of Montenegro and center of business, culture, and entertainment. Budva is a cosmopolitan city that has attracted many foreigners to live throughout the year. It is a center of real estate and tourism business, and it is generating highest incomes for the state budget of Montenegro.
Another advantage of Budva is the beauty of the long coast Budva Riviera where you can find more than 30 stunning sandy and rocky beaches. For those who are in search of a slower pace of life, villages of Budva located in Budva Riviera regions offer tranquility, beautiful nature, sea views and local food, while urban center of Budva is only 15 minutes away.
https://www.leoestate.com/items/beachfront-investment-apartment-in-a-5-hotel-on-budva-riviera
