Condominium buy in Budva Budva

Apartment is located on the fourth floor of the modern building in construction, that will be finished by the end of 2024. Apartment has open plan living room with dining area and kitchen, a bedroom, a bathroom, a hallway and a seaview terrace. The apartment building consists of a basement, ground floor, five floors of apartment area as well as a passable roof. In the basement there is a garage with 11 parking spots, technical rooms and storage. In the semi – basement there is a garage with 97 parking spots for the tenants. The management of the elevator will be carried out by the consigliere, who is also responsible for the maintenance of the building in terms of access control to the building, management of the irrigation system, mail reception, and control of the ventilation domes located on the roof of building. On the ground floor is the building entrance, followed by a communication core with a staircase, two elevators, mailbox area, as well as 16 apartments. There are 17 apartments on the first, second and third floor, on the fourth floor, and 13 on the fifth floor, with a total of 91 one – room and 4 two – room apartments ( two each on the fourth and fifth floors ). Most of the apartments are identical, with the difference in the shape and surface area of the terrace. One-room apartments range from 51-70 m², while the two – room apartments range from 87 – 102 m². The apartments are organized in a way that the hallway, living room, kitchen and dining room are single units, while the bedroom and bathroom are separate. Both the living room and the bedroom have access to the terrace. On the roof there are: a swimming pool with a terrace, a spa area, a machine room for pool equipment, a room for pumps, and a bathroom with showers. Children`s playground is located in the space between the two slats on the ground floor. Surrounded by lots of greenery, it gives its tenants sense of privacy. Most apartments in the building have a sea view. The longer lamella of the property is the dominant one, while the shorter one is cascaded. The construction of the development is well in the progress, while the completion is planned for 2024. Amenities Rooftop swimming pool Gym Underground parking Playground 24 hour security and surveillance system Investing in Montenegro Montenegro has emerged as an attractive property market, attracting world-class investors and partners. It has one of the lowest corporate, personal and capital gains tax rates in Europe (9%), low entry barriers for new businesses and secure property rights. There is also a 0% tax on inheritance or free of charge transfers to immediate family members, with 3% tax on all other transfers. Investment Benefits Visa free regime for European Union and euro currency Automatic temporary resident status for real estate investors Low annual property tax (<1% of the property value) Mediterranean climate with mild winters and sunny summers Strategic geographical location Untouched nature and beautiful landscape Major government spending in infrastructure Low crime rate Accession into european union planned by 2025 ‍ Destination Budva The growing lifestyle appeal of the Budva Riviera provides the perfect setting. The ideal climate, picturesque green coastline, heritage towns, maritime connections and vibrant cultural activities all contribute to the development’s wider identity. Budva marina, nestled to the north of the Old Town city walls positions Budva as a nautical tourism destination. Luxury yachts dominate marina berths during the summer months becoming a base for the international jet-set to gather and enjoy this dynamic coastline. Budva Riviera, characterized by a subtropical climate, dramatic coastlines and lush landscapes, is also defined by historic coastal towns with unique architecture and great public spaces. It’s within these streets, piazzas, promenades and beaches where a vibrant local life and culture takes place, during both day and night. Budva is home to endless shopping, dining, nightlife, and cultural diversions, and the appeal of the Riviera region has made it the most popular destination in Montenegro. ‍