Property Description

Budva Riviera, Rafailovici – Apartments under construction near the sea for sale. Studio, 1-bed, 2-bed apartments. 

This new complex is located in the heart of the famous Budva suburb – Rafilovici. Total of 81 unique studio, one- and two-bedroom apartments, spread over 10 floors. The construction has started and it is expected that the complex is delivered in summer 2021. The developer is well known and with a good reputation.

In order to preserve the identity of the Mediterranean environment, natural local building materials, such as stone for facade shaping, will be applied.

Complex features:

• reception,
• cafeteria,
• three levels of garages,
• 3 elevators,
• sea view

The structure of the units is as follows:

•  Studio apartments
•  One-bedroom apartments
•  Two-bedroom apartments

Apartment prices range from € 1,950 / sqm to € 2,800 / sqm with the benefit of deferred payment and tax exemption through the purchase directly from the investor.

Construction timeline

• works have been in full swing since October 2019
• the building is under construction until June 2020
• the property is handed over to the owner in summer 2021

Payment dynamics

• I instalment 40% at the signature of the contract
• MONTHLY instalments up to 10% (40% in total) following the dynamics of works
• LAST instalment 20% with the registration of the apartment

Discount payment

• I instalment 90% with the signing of the contract
• II instalment 10% with handing over the keys

Garage places

• the price of the garage places will be between 15,000 Eur – 20,000 euro and individual garage lots have an elevator, so that 2 cars, one above the other, can safely park. The lift mechanism cost an additional € 2,500.
•  for buyers of apartments under construction special discounts are applicable

Please see video presentation.