Introducing a new residential complex in Montenegro from the developer.

The complex is located in Djenovici (near Herceg Novi).

Convenient location - above Porto Novi.

We sell apartments and also offer them for rent.

An elite residential complex in Montenegro with views of the Bay of Kotor. High-quality service.

There are 17 apartments available, one apartment per floor.

Apartments with an area of 71, 73, 115, 116, 125, 129, 130, 153, 164 m2

103.5 m2 + terrace 12.30 m2 - 400,000 euros

Duplex penthouse.

Panoramic views. An equipped beach is within walking distance.

Finishing with natural materials.

Heating system: underfloor heating, heated baseboards. Air conditioning system. Control 4 smart home system with remote control from mobile devices.

Wi-Fi.

Classic and modern kitchen models to choose from with built-in appliances.

Finnish sauna and Turkish hamam.

Fitness room.

Indoor and outdoor parking.

Jacuzzis on the balconies of the second floors of the penthouses.

Outdoor heated swimming pool.

All city infrastructure, the largest marina "Porto Novi", and the hotel "One&Only" are within walking distance.

Profitability calculation

Rental price: 120 euros/night. Maximum occupancy: 70 days per season. Seasonal yield: 8,400 euros. Booking expenses: 15%.

Income minus Booking 714 000 euros.

Purchase and maintenance costs 210,000 + 600 (annual tax + fee) = 210,600.

Off-season rental: 800*8 = 6400 euros

Total 13,540 euros

Payback period: 210,600 euros/13,540 = 15.5 years. Profitability: 13,540*100/210,600 = 6.4%. 

Calculations are given for 2021-2022.