The 24-year-old has agreed a five-year contract at Vicarage Road and the Hornets say he will offer a “towering, physical presence” to their front line.
He is Watford’s seventh summer signing but the first since midfielder Giorgi Chakvetadze arrived on 2 August.
Rajovic has been given the number nine shirt and could make his debut in Saturday’s home game against Blackburn.
He began his career with Brondby and Randers but made a major impact at Naestved Boldklub, scoring 30 goals in 58 matches.
The move to Kalmar followed in December last year and he has scored eight goals in 22 appearances in the ongoing Allsvenskan campaign.
“During the last two days, the dialogue has been increasingly intense and we have now agreed on a permanent transfer for Mileta,” Kalmar head of sports Jorgen Petersson told the club website.
“If we look at the financial settlement, this is one of Kalmar FF’s biggest transfers.”
He added: “He trains hard and purposefully to get better every day, which pays off. Although there were those who expressed doubts around him when he was signed, he quickly showed that he would become an important part of Kalmar FF.”
Kalmar FF star Mileta Rajović is getting closer towards completing a switch to Watford, according to reports from Sweden.
The striker has managed eight goals and two assists from 22 games since he joined Kalmar from Danish side Næstved at the start of this year. This hasn’t gone unnoticed and has caught the Hornets’ attention.
Expressen state Watford want the 24-year-old and hope to sign him before the window closes.
It’s claimed the Championship side have tabled a 16m [likely in SEK = €1.3m] bid and are currently in talks with the Swedish club for his transfer. If the two clubs were to reach an agreement, Rajović is set to sign a long-term contract at Vicarage Road.
FotbollDirekt state the Dane’s time at Kalmar is about to end as he’s set to join Valérien Ismaël’s side.
The website explains that Watford are in ‘complete agreement’ with Kalmar and also with the player for personal terms. They add ‘everything is ready’ for the transfer.
Rajović missed his side’s 2-1 win over Tvååkers IF in the cup competition on Wednesday. FotbollDirekt say this could be because he’s ‘reported to travel’ to England to finalise the move to Watford.
