We present to you a luxury residential complex managed by Karisma Hotels & Resorts in Ulcinj, on the famous Velika Beach.
This unique luxury hotel-residential project is located on the 300-meter-long sandy Velika Beach, in one of the most beautiful parts of the Montenegrin coast. Perfectly positioned between the sea and green mountains, the complex offers an ideal combination of natural beauty and top-class luxury.
Available options include studio apartments, one-bedroom and two-bedroom units, as well as uniquely designed luxury penthouses. Apartment sizes range from 37 m² up to 260 m².
This luxury condo hotel ensures regular annual returns on investment, with management, maintenance, and rental fully handled by the world-renowned Karisma Hotels & Resorts. Owners do not pay additional maintenance fees and are not involved in operational activities, making this a simple and secure investment.
At the end of each year, expenses are deducted from the total revenue, and profits are distributed among owners according to coefficients based on the size, floor, and orientation of the apartments, ensuring fair distribution. Karisma Hotels projects an ROI within 10 years of purchase. There is also a possibility of 21% VAT refund if the apartment is purchased as a company (LLC or entrepreneur).
The complex offers first-line beach access and 5-star facilities: pools, a year-round SPA center, sports courts, restaurants, shops, 7 residential buildings, 7 pools, mini golf, tennis and padel courts, basketball and beach volleyball courts, a yoga and meditation pavilion, kids’ club, playground, karting track, promenade with retail areas, a natural lake and green areas, a beach club, 3 beach bars, and 7 restaurants.
There are 700 parking spaces with valet service available for apartment owners and hotel guests.
Completion of the first phase is scheduled for 2026, and the entire project for 2029. Prices in the second phase will be €1,000 higher than in the first, and €2,000 higher in the third, meaning first-phase buyers can expect up to a 40% increase in property value by 2029.
Flexible payment plans available:
One-time payment: 4% discount
Two installments (upon signing and delivery): 2% discount
Six installments: 20% upon signing, 70% divided into 4 installments according to construction progress, and 10% upon handover.
