For sale, two-bedroom apartment, 90m², Kotor
Kotor
632.182 €
Area
90 m²
Rooms
2
Bathrooms
1
Floor
1
PROPERTY DESCRIPTION
Would you like to invest in Europe in a very safe and beautiful country with reasonable amount and have a high income?
This Penthouse is located in luxury complex, between UNESO protected town Kotor and Tivat - home to Porto Montenegro super yacht marina resort, 4 km from the sea.
The project offers a panoramic view to the spectacular Adriatic Sea. You will enjoy the green majestic mountains behind you and the blue turquoise sea in front of you.
The penthouse combines the modern interior design with the highest quality materials to offer an unparalleled elegance to the buyer.
The opening of the project is in summer 2023.
With this apartment you will get:
Comfort of a 5* Hotel
Equipped with state-of-art facilities using quality materials
A concept of Serviced Apartments and rental management of the units using our customized management model
Return of investment (ROI) on average 8,5%
An opportunity to get 50% higher returns than residential properties with zero exposure to the management or tenant problems.
Facilities that come with the apartment:
Infinity Pool, Yoga & Pilates Studio, Children's Activity Center, Pool Bar, Vitamin Bar, Gym, Jacuzzi, Sauna, Parking, 24h Security, Restaurant, Entertainment Room, Billiard and Cheese Table, and more.
Structure of the apartment:
living room with kitchen and dining table
hallway
2 bedrooms
bathroom
terrace
yard
Why Montenegro
Perfect Location - The central location of Montenegro enables the country to be reached within 1-2 hours flight from most European cities
Growing Tourism - According to World Travel and Tourism Council (WTTC) long-term forecast, an average annual growth rate in tourism revenues of 6% is expected in the following 10 years.
Real Estate Market - The most important cause of constant annual growth in real estate prices on the Montenegrin coast is the inflow of foreign direct investment in this sector, and non-residents’ demand for large homes on the Montenegrin coast.
Investment Opportunities - Tourism and real estate are in the top industries and have indicated a large development drawing around 3.5 billion Euros to the economy in recent years.
Customized Payment Plan
30% Down Payment 18-month installments 0% interest
Amenities
- Furnished
- Sea view
Location
Kotor
The exact location is not provided — the property is in Kotor. Contact the advertiser for details.
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Questions about this property
What is the price per square metre?
At 632.182 € for 90 m², this listing works out to 7.024 € per square metre. Compare it with the city average in the market card on this page.
Which floor is it on, and is there a lift?
The property is on floor 1. No information about a lift was provided.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.