We bring to your attention an investment project of a new residential complex in a promising, rapidly developing coastal region of Montenegro - Budva, Markovici district. Readiness of the object - 80%.
The residential complex is located in a unique location - on a panoramic hill, between the mountains and the sea, which provides a breathtaking view of the magnificent surrounding nature, mountain ranges, the sea and the city of Budva, as well as the presence of clean mountain air mixed with the sea.
Key aspects of the investment attractiveness of the object:
- all apartments are already registered with the cadastre, there are no encumbrances, all documents are in order;
- there are no analogues of this property on the market (the presence of a 50 * 8 m (164,04*26,25 ft) swimming pool with heated water, gyms and saunas);
- all apartments offer a breathtaking view of the sea and majestic mountains;
- privacy - the object has practically no adjoining houses;
- a guarantee that under no circumstances will the view of the sea and mountains be disturbed due to the geographical position and topography of the area;
- large private territory 4360 m2 (46930,65 sq ft);
- the complex is designed with maximum privacy and the possibility of living all year round - each apartment has fireplaces with a separate chimney, and only two housing units are located on each floor;
- high rental index relative to cost, payback 7-8 years;
- available price - 1600 euros / m2 (10,76 sq ft).
The project provides for three residential buildings (blocks A, B and C), a swimming pool, a shady court, gyms and saunas, recreational areas with furniture throughout the complex, a playground, an open and closed parking area for 30 cars, a green area with Mediterranean plants, barbecue areas on the roof terraces and in the courtyard, restaurant-bar.
Each of the buildings of the complex includes ten apartments with an area of 116-128 m2 (1248,61-1377,78 sq ft) , located on five floors. The layout of the rooms is thought out so that the living room and the terrace face south. Inside the apartment consists of: a living room with a kitchen-dining room, two bedrooms, each of which has a separate bathroom, a guest bathroom, a spacious terrace overlooking the sea, the island of St. Nikola, Sveti Stefan and Budva. The apartments have two large hot tubs (one on the terrace, the second in the bathroom), split systems, a fireplace with an independent chimney.
On the site there is a well 300 meters deep (984,25 ft) , a city water conduit and 2 reservoirs of 300 m3 (10594,4 cubic feet), which will ensure an uninterrupted supply of water.
Details of the investment proposal (whole block):
1. Block "C" 1200 m2 (12916,69 sq ft) net - 1,920,000 euros.
2. Parking for 10 places - 200,000 euros.
3. Green roof terrace - 270,000 euros.
The total cost is 2,390,000 euros.
Details of the investment proposal for the whole block, the key in hand, together with the furniture and appliances specified in the design project (4 apartments are offered for sale at this price):
1. Block "C" 1200 m2 (12916,69 sq ft) net - 2,640,000 euros.
2. Parking for 10 places - 200,000 euros.
3. Green roof terrace - 270,000 euros.
The total cost is 3,110,000 euros.
Investment offer: apartment-by-apartment sale, key in hand, along with furniture and appliances specified in the design project (4 apartments are offered for sale at this price).
The cost of one apartment with an area of 116 m2 (1248,61 sq ft) is 301,600 euros.
The planned commissioning of the facility is May 2024.
More detailed information on request.