1 bedroom apartment 76 m² Milocer, Montenegro

Sveti Stefan, Milocer, Montenegro
€401,210
€5,279/m²
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Location

  • Country
    Montenegro
  • Region
    Budva Municipality
  • Town
    Sveti Stefan
  • Village
    Milocer

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €5,279/m²
  • Floor
    Floor
    2
  • Rooms
    Rooms
    2
  • Bedrooms
    Bedrooms
    1
  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    76 m²

Building parameters

  • The year of construction
    The year of construction
    2025
  • Number of floors
    Number of floors
    8

Exterior details

Exterior features:

  • Garden
  • Terrace
  • Golf-course

Location

  • Close to the supermarket

Description

One-Bedroom Apartments in a New Complex with a Pool and Park Overlooking St. Stefan   The complex is located within a 10,000 square meter olive park, near St. Stefan. The distance to the sea is 400 meters, and to Milocer Park is 200 meters.   The apartments are situated on the 5th floor and consist of an entrance hall, a guest bathroom, a living room combined with a kitchen with access to a terrace, a bedroom, a walk-in closet, and a bathroom. The windows offer stunning sea views. The apartments are sold fully furnished and ready to move in.   Completion of work is scheduled for May-June 2025.   The park area will feature numerous walking paths, playgrounds, sports and yoga areas, gazebos, as well as a summer outdoor pool. The entire infrastructure of the complex will be directly connected to the infrastructure of Milocer Park, allowing for quick access from the hotel to the park and nearby beaches, either on foot or via equipped electric cars.   The eight-story residential part of the complex consists of hotel rooms, private apartments, and penthouses, while the other part of the hotel includes a reception, restaurant, gym, spa, and outdoor pool. The hotel rooms occupy the floors from the ground floor to the third floor.   Hotel Operator: Casa Del Mare   Parking: 17 garage parking spaces and outdoor parking.   A dynamic and flexible payment plan is agreed upon individually for each buyer. GUARANTEED INCOME MODEL • Guaranteed return on investment of 18% (3 years) • Mandatory signing of a long-term lease agreement with the operator (the owner can only rent out the property through the operator) • In case of violation of the conditions, the owner loses the right to guaranteed income.   NON-GUARANTEED INCOME MODEL • Unlimited use of the apartments • Rental of the apartments only through the operator • 50-50% profit sharing after expense distribution.  ...
Updated at: 22/05/2024

Location on the map

Sveti Stefan, Milocer, Montenegro

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