Villa in Igalo

Villa in Montenegro by the sea in Herceg Novi, Igalo district, reconstruction into a residential building or hotel

Lot 2871

Description

Bay of Kotor, Igalo city, Shushchepan district. Five-storey villa with panoramic sea and mountain views.

Distance to the sea 450 m.

Area 740 sq.m., including:

- living area 440 sq.m.,

- terrace area 300 sq.m.

The villa has 15 double bedrooms, 12 bathrooms.

 

The villa is located on a cliff, and has a stunning view of all the surroundings.

Huge terraces overlooking the sea.

 

The villa is in need of repair, namely, the insulation of the facade, the replacement of ceramic flooring, the replacement of carpentry and sanitary equipment.

 

On the upper level - on the sixth, it is possible to set up a sky bar.

In the yard there is a place for building a swimming pool.

The villa can be converted into a mini apart-hotel, or - into a small residential building - for the sale of apartments.

Each floor of the villa can be divided into two separate one-bedroom apartments with a total area of ​​50 sq.m. Thus, we have 10 apartments with an area of ​​50 sq.m. The minimum cost of apartments is 1700 euros per square meter. The cost of the sold apartments will be 850,000 euros. This is simple arithmetic, showing the investment attractiveness of this object.

 

The current owner of the villa offers several options for upgrading the villa, including the installation of an elevator, giving a modern exterior design

 

The villa is a promising investment from the point of view of its high potential - both for use in the tourism sector, and from the point of view of sale in the apartment version.

 

The Adriatic Sea is the cleanest in Europe.

You can get here by yacht - from anywhere in the world.

To any city in Europe - by plane 1-3 hours

To Italy - one night by ferry

900 km to Venice, or 10 hours by car

 

Montenegro has the official status of the most environmentally friendly country in Europe

 

The air temperature in summer is +27+43 degrees, in winter +15, terraces of cafes and restaurants are open all year round

 

The attractiveness of investing in real estate in Montenegro is due to the stability of passive income, rising real estate prices, growing investment in housing construction, stability in the valuation of assets in the euro currency, obtaining a residence permit, the imminent entry of Montenegro into the EU, a constant increase in the flow of tourists, a low level (almost absence) crime, ecology.

 

Modern Montenegro is a stable democratic state, with a low inflation rate (3.4%), one of the lowest in Europe (9%) tax on income of individuals and legal entities. Inviolability of property rights, zero inheritance tax rate, low tax rate (3%) on the transfer of property rights to others, great tax incentives in the field of marine tourism are just some of the benefits that you get here.

 

Buying this property will be one of the most successful and enjoyable investments.

By investing in Montenegro, you are investing in your future and the future of your children!

Buy a piece of this amazing country for yourself and spend the best years of your life here!

 

We issue a residence permit upon purchase!

Legal support!

Inna Konchits - Managing Partner of EMG Possession, your personal manager.
Inna Konchits - Managing Partner of EMG Possession, your personal manager.

Contact number: +38269257685                    viber, whats app, telegram

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