Set between the mountains and the Adriatic Sea in the heart of a spectacular nature, this
development consists of luxury serviced apartments, stands out among other projects by its
perfect location in Tivat. Located in one of the sunniest places in the Tivat-Kotor area, this
amazing complex offers easy and quick access to Tivat International Airport and world-famous
Porto Montenegro Marina. Consisting of 103 residential units ranging from studios, one
bedroom, two bedrooms, three bedrooms and penthouses, plus 2 commercial units with
storage space.
WHY INVEST IN MONTENEGRO?
Montenegro is a competitive and dynamic destination with the clear strategic objective of
developing a sustainable tourism portfolio whilst protecting its dramatic, beautiful, natural
resources. Since the adoption of the Euro currency in 2002 and the ensuing independence from Serbia in 2006, Montenegro has aggressively pursued its twin policy goals of:
1. EU membership – Advanced Candidate Status.
2. Tourism growth – re-branding as a luxury leisure destination (by growth, Montenegro is
already ranked in the top 5 tourist destinations globally)
Montenegro’s unspoiled natural beauty and favorable economic and political climate have
allowed the small country of approximately 650,000 citizens to emerge as one of the most
attractive tourist destinations in Europe. The overall economic activity has been growing
strongly with the tourism industry as the major vehicle, propelling investments in other sectors
of the economy, creating ?3.2 billion in total planned additional investment along the
Montenegrin coast. According to the World Travel & Tourism Council and Oxford Economics (2014), Montenegro is likely to be the fastest-growing travel and tourism economy in the world over the next decade, surpassing Brazil, Russia, India and China. Montenegro has recently experienced an upsurge in the popularity it once enjoyed in the 1960s, then a haven for the European elite and film stars such as Sophia Loren, Elizabeth Taylor and Kirk Douglas.
PAYMENTS
1st payment: 30% Down Payment
2nd payment: 18 months Interest Free Loan at completion
Additional costs: Legal fees, Stamp Duty 0.5%, Electric meter registration, Furniture
RENTAL YIELDS
High season: 1050 EUROS per week (May – October)
Low season: 500 GBP per week
8.5 % Rental average reruns
OTHER OPTIONS
1 bed penthouse apartments: POA
2 bed apartments: POA
3 bed apartments: POA