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For sale: a penthouse in a two-bedroom apartment in a new luxury residential complex managed by Karisma Hotels & Resorts in Ulcinj, on the famous Velika Beach.
Prices per square meter range from 5,300 to 5,700 €, depending on the location and floor.
This unique luxury hotel and residential project in the region is located 300 meters from the sandy Velika Beach, in one of the most beautiful parts of the Montenegrin coast. The complex is perfectly located between the sea and the green mountains, offering an ideal combination of natural beauty and top-class luxury.
Available options include studio apartments, one-bedroom and two-bedroom apartments, as well as uniquely designed luxury penthouses. The apartments range in size from 37 m² to 260 m².
This luxury condo hotel allows for regular annual return on investment, while management, maintenance and apartment rental are under the supervision of the world-renowned hotel group Karisma Hotels & Resorts. Owners do not pay additional maintenance and are not involved in operational activities, making this investment simple and secure.
At the end of the year, costs are deducted from the total revenue, and the profit is divided among the owners according to coefficients that depend on the size, floor and orientation of the apartment, avoiding favoring certain units. Karisma Hotels has made a projection of investment return of up to 10 years from the moment of purchase, and there is also the possibility of VAT refund of 21% if the apartment is purchased by a company (doo or entrepreneur).
The complex offers first-line beach access and 5* hotel facilities — swimming pools, a SPA center that operates throughout the year, sports grounds, restaurants, shops, 7 residential buildings, 7 pools, mini golf, tennis and paddle courts, basketball and volleyball on the beach, a pavilion for yoga and meditation, a children's club, a playground and a go-kart track, a promenade with shopping areas, a natural lake and spacious green areas, a beach club, 3 beach bars and 7 restaurants.
There are 700 parking spaces in the complex with parking services available to apartment owners and hotel guests.
The completion of the first phase is planned for 2026, and the entire project for 2029.
Prices for the second phase will be 1,000 € more expensive than the first phase, and the third phase will be 2,000 € more expensive, which means that buyers of the first phase can expect up to 40% increase in the value of the apartment by the end of the entire project planned for 2029.
Several convenient payment plans are available:
