Studio in Kolasin

About the property

5-star ski resort hotel approved under the passport program, from a popular, operating hotel operator in Montenegro. Prospect of Montenegro joining the EU: 2025. You buy a hotel room, not a share in the hotel. Room prices from 250,000 EUR (250000 EUR), the necessary and sufficient investment to qualify. Owners may use the room, and there is a prospect of a profitable sale after 5 years (the permitted exit period from the investment). No tax on purchase. No annual maintenance costs. No need to take part in operations: the management company does everything. Possibility of earning rental income without hassle or expense. No additional registration costs (exactly what the procedure and duties cost, at direct prices from the agencies approved under the program). Remote completion of the transaction is possible. Support and assistance in collecting documents and completing the process in Russian. Kolasin is the liveliest ski resort in Montenegro and a popular summer and winter tourist destination. Kolasin sits at an altitude of 954 m on a plateau between two mountain ranges, Bjelasica and Sinjajevina, only 15 minutes on foot from the city center. The plot is well located, directly next to lush green forest with panoramic views that will be pleasing in both summer and winter. The country's largest investment project is a new road linking Kolasin with the capital, Podgorica, due for completion in 2021. The travel time between them will be less than 30 minutes, providing good access from the international airport. The hotel is located on the bank of the unique Tara River nature reserve. A planned pedestrian bridge will connect Montis Hotel and Residences with a planned cable car station leading to the ski center and the ski lift. This bridge will connect the hotel with nearby sports, entertainment, recreational and other facilities on the bank of the Tara River. Together with Zabljak, Kolasin is one of the two leading winter sports destinations, and infrastructure is currently being actively developed. This is a priority of Montenegro's state policy and will make today's investment attractive. Kolasin's existing ski area is the best in the country for winter sports facilities, which became the basis for government policy: increasing the value of the natural resources of this region of Montenegro and developing its infrastructure. Kolasin ski resort currently has 46 km of ski runs. Expansion plans envision 125 km of runs by the end of 2021, with further growth of the skiing area in the near future. Montis Hotel and Residences consists of 238 units, a restaurant, conference halls, a cinema, a pub, a wellness and spa center, an indoor and outdoor pool, a children's club, a storage room for ski equipment and a garage. The architectural concept was to create a new benchmark of modern design that fits the context of the mountain region. The hotel will accommodate 400 guests. The conference hall seats 50. The 3D cinema seats 72. The pub seats 120 guests. The tourist complex has a unique design that combines modern and traditional architecture and design trends, with stunning views of the Tara River and the Bjelasica mountain range. Conditions of the passport program: investment in an approved project on the coast (from 450 thousand EUR) or in the north, at ski resorts (from 250 thousand EUR). Donation to the Montenegrin state development fund of 200 thousand EUR. Note: in 2021 different program conditions applied. The state fund investment was increased in 2022 by 100 thousand EUR, to 200 thousand EUR. Duties, checks and taxes of 60 to 150 thousand EUR (depending on the number of family members). Note: the passport program is valid until June 2022. Collecting the full set of documents and completing the transaction takes 1-2 months. Do not delay your decision. Get the floor plans, current price list, additional photos, video and a detailed cost calculation for your family.

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