Urgent sale of a new building in Herceg Novi for 142,500 euros
A new apartment is offered for sale in one of the most picturesque corners of Montenegro, in the village of Genovici, just 7 km from the city of Herceg Novi and 15 km from the border with Croatia. The apartment is located in a modern complex, just 100 meters from the sea and with convenient access to the main urban infrastructure.
Apartment parameters
Apartment size: 62.08 m2
Floor: 2nd
Living area: 51.31 m2
Balcony: 4.38 m2
Bathroom: 6.39 m2
The apartment is ideally planned for a comfortable stay: a spacious living area, a balcony with views of the surrounding area and a spacious bathroom make this accommodation comfortable and modern.
Unique features of the complex
The house is located on a plot of 5,800 m2, of which only 36% (2,100 m2) is under construction. This creates unique conditions for relaxation and privacy, as the rest of the territory is green areas accessible only to residents of the complex.
Convenient access to the territory is provided through a private entrance from the Jadran highway, which provides additional security and privacy. All communications are connected to urban networks — water supply, sewerage, electricity and telephony.
Description of the Genovici area
Genovici is a picturesque resort on the coast of the Hercegna Bay, which is part of the famous Boka Kotor Bay. This region is famous for its clean beaches, national culture and peaceful atmosphere, which makes it a popular place to relax and stay.
The proximity of the sea (only 100 meters) and the developed infrastructure make life in this area comfortable and convenient. Grocery stores, restaurants, bars and beaches are within walking distance, which creates ideal conditions for both recreation and permanent residence.
Advantages of buying an apartment in Genovici
The perfect location. The apartment is located in a resort area where rental demand remains high throughout the year. Due to the proximity to the sea and tourist attractions, the apartment can be rented both during the summer season and outside it.
Stable rental income. Real estate in Genovici can be rented out with an income of up to 6-8% per annum. Due to the popularity of the region among tourists, owners can count on year-round rentals. Given the growing demand for housing in Montenegro, this is an excellent investment.
Prospects for price growth. Over the past 5 years, the real estate market in Montenegro has shown an increase of 15-20%. This is especially true in coastal areas such as Herceg Novi, where property prices continue to rise due to high demand for resort housing and limited supply.
How can this accommodation be used?
Permanent residence. The apartment is ideal for those who want to live in a quiet area by the sea with developed infrastructure.
Rest. It is an ideal place for summer vacations or short vacations, with the opportunity to enjoy all the delights of the Adriatic coast.
Renting out. Genovici is a popular place among tourists, and renting an apartment will bring a stable income throughout the year. Resort real estate is always in demand both during the summer season and outside it.
Residence permit in Montenegro through the purchase of real estate
The purchase of real estate in Montenegro opens up prospects for obtaining a residence permit (residence permit). Buying an apartment worth more than 40,000 euros entitles both the owner and his family members to obtain a residence permit. This will provide you with the opportunity to legally reside in Montenegro, as well as enjoy many benefits such as medical care, the right to study and the opportunity to travel around Europe.
Conclusion
Price: 142,500 euros. If you are looking for an ideal option for investment or for a comfortable stay in Montenegro, this apartment is an excellent solution. The excellent location in Genovici, a modern complex with full infrastructure, proximity to the sea and the possibility of stable rental income make this property an attractive option for purchase.
