For Sale   >   Montenegro Flag  Montenegro   >  Rafajlovici
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  • €209,000
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  • Rafajlovici
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Two historic units just 70m from the sea in Rafailovici, ideal for boutique renovation with strong rental yields.

Property Overview:
- Two units (1-Bed 31 m^2, 2-Bed 48 m^2)
- Purchase price EUR170,000, total investment EUR209,000
- 70 m to beach and promenade
- Flat terrain in authentic stone-house district

Key Features:
- Premium Mediterranean-style design
- Smart management & keyless entry
- High seasonal rental demand
- Turnkey value-add opportunity

Description:
Set in Rafailovici`s historic fishing quarter, these units blend Old World charm with modern comfort. A full premium renovation will deliver high-end holiday rentals steps from the promenade. Professional management ensures hands-off income and strong capital appreciation in a coveted coastal enclave.

Comment:
INVESTMENT PROPOSAL in Rafailovici, Montenegro. Two distressed units near the sea in a historic fishing village: 2-bedroom (48 m2) EUR95,000 and 1-bedroom (31 m2) EUR75,000, total EUR170,000. Renovated properties nearby command 25-35% premium. Authentic stone-house setting, narrow alleys, 70 meters from the shore and promenade, flat terrain. Full renovation to boutique standard with high-end materials and modern features, preserving Mediterranean character. Professional management and keyless entry for hands-off ownership. Estimated total investments EUR117,000 and EUR92,000 yield 6.5-8.5% net annually. Exit via long-term hold for stable euro cash flow or flip as turnkey rental. Unique historic asset with strong appreciation potential.
Two historic units just 70m from the sea in Rafailovici, ideal for boutique renovation with strong rental yields.

Property Overview:
- Two units (1-Bed 31 m^2, 2-Bed 48 m^2)
- Purchase price EUR170,000, total investment EUR209,000
- 70 m to beach and promenade
- Flat terrain in authentic stone-house district

Key Features:<...
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CONTACT
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ARestate Montenegro

Sales Agent
Tina Arkhangelskaya
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