1 bedroom · apartment

1-Bedroom Apartment in Kolasin

Montenegro · KolasinResidencyid #10886
Area
43.49 m²
~5,748 EUR/m²
Bedrooms
1
bathrooms: 1

About the property

in the Kolasin region, for which this project was authorized in September 2020. Montis Mountain Resort by Splendid is a year-round 5* resort with the largest amenities, which will be popular not only in winter but also in summer. Under the terms of the program, his spouse and children. It is important to note that the investor is not buying a share but actual ownership in the MONTIS MOUNTAIN RESORT by Splendid hotel, by acquiring a specific room (suite). Furnishing of the room is included in the price. Advantages for investors: 1. A 5* hotel. There are only 3 hotels of this category in northern Montenegro, the others are 4*. 2. The hotel will be managed by the well-known Splendid hotel management, which is a guarantee of high occupancy and a quick path to good returns. 3. The investor receives the room as property, not a share in the hotel. 4. The investor receives 40% of the hotel's net profit. Profit is calculated annually from the room and from the use of all hotel amenities: spa, gym, restaurants, cinema, etc. 5. There are no room maintenance fees at all. 6. The investor receives free accommodation at the Montis Mountain Resort by Splendid hotel for 1 month per year. And, while the hotel is under construction, 1 week of free accommodation at the 5* Splendid Conference and SPA Resort hotel in southern Montenegro. 7. The investor receives a loyalty card giving a discount on all amenities of the Montis Mountain Resort hotel, as well as on accommodation and amenities of the Splendid Conference and SPA Resort hotel. 8. Location of the hotel. Thanks to its unique location, this will be a year-round hotel, which will undoubtedly affect its returns. 9. The project developer has a bank guarantee of EUR 2.5 million as assurance that the project will be completed in full and on schedule. 10. Most importantly, the investor receives a European passport for themselves and their family. MONTIS MOUNTAIN RESORT by Splendid is a 5* condo-hotel that includes hotel rooms, several restaurants, conference halls, a cinema, a pub, a spa, outdoor and indoor pools, a children's club, a ski room and a garage. In total, this is 4 functional zones and a residential zone. All suites of the MONTIS MOUNTAIN RESORT by Splendid hotel will be furnished to five-star hotel standards. In the first phase, a central building will be constructed, including the rooms and the reception. There will also be a business center with a hall that can accommodate up to 400 visitors. Two meeting rooms can each host up to 50 people. The grounds of the hotel will include a 3D cinema for 72 viewers. There will also be a restaurant with a pub with 120 seats, and all of this infrastructure is intended not only for hotel guests of MONTIS MOUNTAIN RESORT by Splendid but also for visitors who do not stay at the resort. From the second to the fourth phase of construction, only the room stock of the project will be built at MONTIS MOUNTAIN RESORT by Splendid. Completion of the hotel is scheduled for 2024. A unique element of the project plan is an urban garden terrace located on the roof of the ground floor. Special events will be held here with views of the Belasica mountain range. The wellness and SPA zone will cover 1,075 m² and includes a Finnish sauna, a Russian bath, treatment rooms, a gym, a salt cave, a children's pool and two adult pools (indoor and outdoor), a tepidarium and barrels of ice water.

Key details

Type
Apartment
Bedrooms
1
Bathrooms
1

On the map

Property details (price, area, specifications, photos) are provided by a partner or seller, or taken from their sources. They are for reference only and may be inaccurate or out of date. This is not a public offer. For current terms, check with your advisor · Learn more.

This property is featured in

Curated collections from the catalog
Price€250,000
Inquire