Studio under construction near sea with rental income for sale in Kotor

Описание

This studio apartment is situated within an exciting new development project set in a picturesque location surrounded by nature, offering stunning sea views of Tivat Bay. The project encompasses a range of apartment options, including studios, one-bedroom, and two-bedroom units.

Construction of this project is scheduled to commence in early 2024, with completion expected by 2025. The development is spearheaded by a reputable international investor who has successfully executed several similar projects in Montenegro, ensuring a high standard of quality and professionalism.

The apartment is conveniently positioned on the first floor of the building, which will also feature a pool, a barbecue area, a garden, and dedicated parking for residents. Spanning a total of 20 m² with an additional 10 m² mezzanine, this studio offers a compact yet functional living space.

The cash price for this studio apartment is 89,100 EUR, while the standard price is 99,000 EUR.

In addition to competitive pricing, the investor provides attractive long-term payment plans tailored to individual needs. Furthermore, the investor offers guaranteed leaseback programs and leaseback cash back agreements. For this particular studio apartment, the estimated net annual return on investment is 4.0% of the purchase price, equating to 3,960 EUR per year.

The minimum duration of the leaseback contract is three years, with payments starting once at least 70% of the purchase price has been paid. Leaseback payments are calculated on a pro-rata basis and are disbursed monthly.

To ensure a hassle-free rental experience, the apartments must be purchased fully furnished, including kitchen and furniture packs, as well as fully equipped with small appliances. On signing a 10-year leaseback contract, the Furniture and Kitchen Pack, along with the Small Appliances Pack, are provided free of charge. For leasebacks ranging from four to nine years, these packs are offered with a discount of 40-90%.

Rental yields are projected to be between 7% and 9%, reflecting the project’s focus on meeting the demands of long-term rental clients seeking superior construction quality, modern design and furnishings, spacious bathrooms and kitchens, reliable internet connectivity, ample parking, and efficient building maintenance.

Don’t miss this opportunity to invest in a well-designed studio apartment within this exciting development project, offering attractive returns and a desirable location between Tivat and Kotor.