Studio apartment for sale in the center of Podgorica — 51,500 euros
Basic parameters:
Location: Podgorica, City Quarter district
Apartment size: 30 m2
Floor: 4 of 6
Additional facilities: glazed balcony, elevator
Furniture: fully furnished
Condition of delivery: for sale with tenants
Price: 51,500 euros
Description of the object
Studio apartment with an area of 30 m2 for sale in one of the most sought—after areas of Podgorica - City Quarter. The apartment is located on the 4th floor in a modern building with an elevator. The apartment has a glazed balcony, which provides additional space for relaxation. The house is fully furnished and ready to rent, which makes it attractive to investors. The apartment is sold together with the tenants, which guarantees a stable income immediately.
Advantages of the purchase
Investment attractiveness: the apartment is ideal for renting. The City Quarter area attracts both local and foreign tenants. The expected rent for such an apartment can be about 300-350 euros per month, which ensures profitability for the future owner.
Location: Podgorica is the largest city in Montenegro and an important business center, which guarantees high stability of demand for rental housing.
Future view: the apartment is being sold together with the current tenants, which will allow you to immediately earn income.
Description of the city and district
Podgorica is the largest city in Montenegro, with a population of about 140,000 people. It is the business, commercial and transport center of the country. The City Quarter district is one of the most modern and rapidly developing districts of the capital. There are numerous shops, cafes and offices located here, which makes the area convenient for living and working.
Possibilities of obtaining a residence permit
When buying a property in Montenegro, including this apartment, the buyer has the opportunity to apply for a residence permit. This is an additional advantage, as Montenegro has become a popular destination among foreign investors in recent years.
Analysis of real estate price growth in Montenegro
Over the past 5 years, the real estate market in Montenegro has shown steady growth, especially in the capital. The average price increase in Podgorica is about 5-7% per year. This is due to increased interest from foreign investors and infrastructure development. By investing in real estate in Podgorica, you can count on a further increase in the cost of housing, as well as a stable rental income.
Additional information on request.