€263 200 Budva 1 bedroom + living room, 1 bathroom apartment in a 5 star hotel

LOCATION: This apartment is located in Rafailovići, Budva municipality, 4 km from the city center. The sea and the beach are 20 meters from the apartment. Tivat Airport is 23 km away, and Podgorica Airport is 59 km from the apartment. The apartment is located next to Bečići beach, which was awarded the Most Beautiful Beach in Europe award. In front of the building is the beautiful Rafailovići promenade with many restaurants and bars.

ABOUT THE PROJECT: The project has 8 floors, while this apartment is located on the 1st floor. The project includes a hotel. It will have many additional services: indoor and outdoor swimming pools, a two-story casino, a gym, a private beach, a wellness and spa center, as well as business premises (a wide selection of restaurants, cafes, bars and boutiques). There will also be a possibility to rent the apartment under management while the owner is away. Parking spaces can be purchased in the underground garage. The building is connected to the main road by an asphalt road. The project will be completed in December 2026. The maintenance fee is 6.90 euros per square meter per month.

APARTMENT DESCRIPTION: The 56 m2 apartment consists of: entrance hall, living room with kitchen and dining area, 1 bedroom, 1 bathroom and terrace. After the construction is completed, the apartment will be fully furnished and ready to move into.

APARTMENT PURPOSE DESCRIPTION: This apartment is ideal for own use for everyday life and for short-term rental. Its location near the beach, restaurants, bars, boutiques, as well as its location in the hotel building makes it perfect for short-term rental. This is an opportunity for the buyer to purchase an apartment that can return on their investment.

PAYMENT PLAN

10% upon booking

60% during construction (completion December 2026)

30% in May 2027