LOCATION
This villa is located in Herceg Novi, 8 km away from the city center. The sea and the beach are 600m away from the villa. Tivat airport is 16 km away, Podgorica airport 84 km and Dubrovnik airport is 34 km away from the villa. Various restaurants, hotels, grocery shops and bars are in close proximity to the villa.
ABOUT THE PROJECT
The villa has 3 levels. It has a pool. The villa has a garage that can accommodate 1 car. It is connected by an asphalt road to the main road. Construction will be finished in 2026.
DESCRIPTION OF THE VILLA
Structure of the villa
Basement:
• garage
• hallway
• home gym
• 2 technical rooms
• stairway
Ground floor:
• living room with kitchen and dining table
• hallway
• guest room
• toilet
• stairway
First floor:
• 3 bedrooms
• 2 bathrooms
• laundry room
• stairs
The villa itself has 330,58m2, while its plot has 556m2. It has a view of the sea and the mountains that surround it.
WHY CHOOSE THIS VILLA
This villa is perfect for a summer home and short term rental. Its proximity to the beach, restaurants, grocery shops and school makes it a perfect short-term rental and an opportunity for the buyer to have a return on investment.
PAYMENT PLAN
Payment Milestone Breakdown for Buyers
10% deposit upon reservation
20% upon foundation completion
30% upon structural completion
20% upon installation of major systems (plumbing, electrical, HVAC).
20% upon final handover when the villa is fully completed.
Deposit upon Reservation
Upon Foundation Completion € 170,000
Upon Structural Completion € 340,000
Upon Installation of Systems € 510,000
Upon Final Handover € 340,000
Total € 1,700,000
DESCRIPTION OF THE REGION AND MUNICIPALITY
Herceg Novi is said to be one of the most beautiful cities on the Adriatic coastline. This urban oasis of greenery and crystal blue sea is an ideal place for vacation and as a kind of haven of romance, a place where the beauty remains equally staggering at any time of the year. Beautiful beaches, Mediterranean climate, parks and gardens with a wide variety of exotic greenery, and a diverse gastronomic offer, make this destination ideal for everyone who plans to spend their vacation along the coast of Montenegro.
It is difficult to say what is more interesting and enriching on the Herceg Novi Riviera. History and valuable cultural monuments, such as Kanli Kula, Španjola and Fore Mare fortresses, the iconic island of Mamula, the remains of the Citadel, as many as 89 sacral objects scattered across the municipality, the lush vegetation that blooms at any time of the year, or maybe the towers and squares that are a perfect natural scenography for numerous cultural events and prestigious festivals that take place all year round in our city.
