1 bedroom condo 103 m² Radovici, Montenegro

Radovici, Montenegro
Archive cost €697,000
Sold or out of date
Updated at: 28/08/2023

Location

Country: Montenegro
Region: Tivat Municipality
Village: Radovici

Apartment parameters

Bedrooms: 1
Total area: 103 m²

Description

  Fully furnished 5* hotel units for sale with the guaranteed yield rental program.  The central waterfront place in Marina Town is The Chedi Lustica bay hotel, with views over the marina and Lustica bay beach nearby. A selection of these hotel’s units is now available for sale. This suite size amounts to 103 sq. m ( 1,108 sq. ft.) with 95 sq. m internal area and 8 sq. m. balcony. This one bedroom is the only suite available from the hotel offer. Concept design for Chedi Lustica bay hotel was created by TVS Design studio from Atlanta (USA) and represents a modern interpretation of the vernacular architecture, grounded in a strong sense of identity and place. Interiors by GG & Grace fuse contemporary coastal ambiance with natural accents. Marble, glass, timber and ceramic in a neutral color palette. High-quality furnishings and fixtures elevate spaces; a selection of modern furnishings in bold accent colors draws the eye and provides a signature feature across the public and private spaces within the hotel. Owner of the Chedi residences benefits: Freehold ownership and guaranteed fixed term rental leaseback; Income through rental pool program operated by the hotel; Optional guaranteed fixed term rental return or revenue share models; Personal use during pre-defined periods; Discounted tariffs during a personal use restricted period; Neighborhood: Restaurants, bars, retail in nearest neighborhood. Two minutes drive from the apartment 18 hole championship golf course in making Two minutes drive to medical and sports facilities, schools, etc in making. Hiking, Biking, Sightseeing. Authentic villages Klinci, Rose, Zabrdje etc. (30 mins by bicycle.) Master plan: Luštica Bay is a master planned, fully integrated touristic resort town with an estimated investment value of more than 1.1 billion euros. The master plan envisages a total of 7 hotels of 4 and 5 star standard, in excess of 1000 residential apartment and over 500 villas and townhomes; wellness and spa centers, 2 state-of-the-art marinas with mooring and docking support facilities, an 18-hole golf course with clubhouse, multiple beaches, 4.9 km long coastal boardwalk, conference and business facilities, various sport courts, in excess of 6000 sq. m of restaurants, shops and commercial spaces, a school, medical facilities, administrative and management offices and emergency services including police and fire department. At full build-out, Luštica Bay is expected to support a peak population of around 10,000 inhabitants

Features

  • Security
  • Sea view
  • Swimming pool
  • Elevator
  • Concierge
  • Management company

Location

Radovici, Montenegro