Apartment 29 m² Kotor, Montenegro

Kotor, Montenegro
€97,769
;

Location

  • Country
    Montenegro
  • Region
    Kotor Municipality
  • Town
    Kotor

Property characteristics

Apartment parameters

  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    29 m²

Description

This studio apartment is located in the new project - a unique concept that combines luxury, investment, and homelike warmth. Soon, Kotor will be embellished with its first professionally designed luxury serviced apartments compound with premium amenities. The project will be finished in 2025, and includes studio, 1 bedroom apartments and 50-100 m2 penthouses. Apartrment has a stunning Adriatic Sea view. The majestic green mountains behind you and the turquoise-blue sea in front of you are breathtaking. More benefits of the location are: 3 km from the sea 1 minute to Kotor-Lovcen cable car 3 minutes from the most beautiful Unesco Heritage old City of Kotor 7 minutes from Tivat International Airport 12 minutes from the world-famous luxurious Porto Montenegro Marina. ‍ The minor details have been taken into account to provide investors and tenants with top-notch facilities, providing them with both the warmth and comfort of home and the luxury of a five-star hotel: Infinity Pool, Yoga & Pilates Studio, Children's Activity Center, Pool Bar, Vitamin Bar, Gym, Jacuzzi, Sauna, Parking, 24h Security, Restaurant, Entertainment Room and more. ‍ WHY IS THIS APARTMENT GREAT INVESTMENT OPPORTUNITY? Fully furnished serviced apartments are available for both short and long-term stays. They provide amenities similar to those of a traditional hotel but with the added space, convenience, and privacy of a home, so guests can enjoy living like a local while traveling for a much lower price. Simply put, our investors purchase the property, and we manage it for them using a service model. With the experience and relationships we've developed over the years and the help of our subsidiaries, we will effectively market and service their apartments. From the investor's perspective, they are not required to participate in any of that. ‍ EASY PAYMENT PLAN For buying this apartment long-term, flexible, customized payment plans with 0% interest and catchy prices for early birds are available. The project offers apartments of various sizes and price ranges to make sure everyone finds what best suits their investment budget. HIGH RENTAL INCOME We manage the property rental process, set prices, and provide cleaning to upkeep services. We have developed a rental model where our investors can earn an annual rental income in euros with an average of 9.25% if they decide to rent it while it's not being used. SERVICED APARTMENT CONCEPT Our serviced apartments provide our investors with a high rental yield and diversify their portfolios to a different extent. In addition, it guarantees that their apartment will be in good condition, offers a better tenant profile, and provides a more straightforward exit strategy. RESIDENCE & WORK PERMIT A foreign citizen can obtain a residence permit in Montenegro based on a property purchase or work permit. ‍ WHY MONTENEGRO? Montenegro crams a great deal of beauty and excitement into its small borders. Montenegro is located in the Balkans, close to Serbia, Croatia, and Albania. This small nation features rugged landscapes with towering mountains, breathtaking coastlines, and well-preserved historical sites. The Rivieras are well-known cruise ships and traveler destinations. Away from the coast, Montenegro has a National Park with a large, beautiful lake that is ideal for camping, hiking, and sightseeing. Together with competitive rental yields, a substantial increase in property value over time, a favorable climate, pristine nature, and economic stability, Montenegro is an attractive investment destination. ‍ ‍
Updated at: 27/04/2024

Location on the map

Kotor, Montenegro

Mortgage calculator

Interest rate, %
Loan term, years
Property cost
Down payment, %
{{ initialPaymentCurrency }} EUR
Please note! You changed the property cost parameter to {{ differentPrice }}%. This affects the relevance of the calculation of monthly payments for the current property. Return
Interest rate
{{ loanPercentValue.toLocaleString() }} %
Interest rate
Loan amount
{{ mortgageAmount }} EUR
Loan amount
Period
{{ loanPeriodValue | pluralize("year", "years") }}
Period
Monthly payment
{{ paymentPerMonth }} EUR
Monthly payment
Ask all your questions
Send your request to the agent
Thank you! Your request has been accepted
I want to view this property. Is the price of the property relevant? I want more information about the property. What are the purchase conditions for foreigners? I want to see more photos/videos. Is it possible to buy with a loan/mortgage? Will I get a residence permit if I buy a property?
Back Leave a request Call
Similar properties