Apartments in a new residential complex in Tivat — 136,560 euros
Object Parameters
Apartments are offered for sale in a new residential complex in Tivat, Montenegro. The building will be completed in July 2019, which guarantees modern architecture and high standards of construction. The initial cost of the property is 136,560 euros, which makes it an attractive investment option.
Description of the location
The residential complex is located in Tivat, in one of the most picturesque and popular tourist towns in Montenegro. Just 1.5 km from the property is Donja Lastva Beach, known for its well-maintained infrastructure and convenience for family holidays. The area has a well-developed infrastructure and proximity to the city center, where restaurants, shops and entertainment venues are located.
Advantages of investments
The purchase of an apartment in this complex provides the owner with the opportunity to rent housing to tourists, which is especially important in the summer season. Rental rates in Tivat are rising, providing stable income for property owners. Depending on the season and the type of apartment, rent can bring up to 8-10% per annum.
Obtaining a residence permit
The purchase of real estate in Montenegro can also be the basis for obtaining a residence permit. Having a residence permit simplifies travel in the countries of the Schengen area and opens up opportunities for a long stay in the country.
Market dynamics over the past 5 years
The real estate market in Tivat is showing steady growth. Over the past five years, real estate prices have increased by 15-20% on average due to the growing tourist flow and increased interest from foreign investors.
