Homes Abroad - Property Details

Property Details

This is a unique opportunity to purchase a limited number of luxury loft-style apartments benefiting from both sea and mountain views. After our evaluation we believe that this is a once in a lifetime opportunity to buy in the best location in a top European destination.

Project: Kotor Contemporary 7 is in the prime position on the coast of Montenegro

Price: Euros 236,000 to Euros 476,000

Payment terms: 30% down, remainder on completion, with an automatic mortgage.

Completion: Last Quarter 2008

Rental: Management Company (TBC) will be obtaining rental yields in the region
of 15%.

Size: 79 to 159sqm

Units available: 10

Tenure: Freehold

No Capital Gains Tax.

Montenegro is situated in South Eastern Europe on the Balkan Peninsula with access to the Adriatic Sea.
The town Kotor is located on the South Eastern portion of Boka Bay on the foothills of Mount Lovcen. Being the only fiord of the Mediterranean Sea, Boka Kotorska is now on the list of the World's 25 Most Beautiful Bays, the majority being in Scandinavia. Moreover, for its unique mix of cultures and scenery, Kotor is now a U.N.E.S.C.O. World Heritage site.

Small 2 bed 79 sq m Euros 189 600
Large 2 bed 120 sq m Euros 288,000
Penthouse 159 sq m Euros 381,600

SPECIFICATIONS

LUXURY LOFT SUITES
PRIME POSITION MARINA VIEW APARTMENTS
ON-SITE PARKING
SPECTACULAR VIEWS
24 HOUR SECURITY