AI Summary

We offer you stylish one-bedroom apartments just 50 meters from the azure sea in picturesque Kumbor. This is an ideal choice for comfortable living: a cozy layout, functional kitchen, and spacious balcony with a view of the coast will become your personal retreat for 350,000 EUR.

Porto Novi Complex No.1099

Kumbor · Bay of Kotor, Kumbor, Montenegro
from350 000 €
View: Sea view

Details

Bedrooms
1
Bathrooms
1
Year built
2017
Parking
Yes
To sea
50 m

Description

A unique exclusive resort complex opening in 2017 on the Adriatic Sea coast.

The project is located between the picturesque mountains of Montenegro and the stunning Bay of Kotor, making it the most delightful project in Europe.

An international team of top specialists in their fields is working on the project: Interior design is carried out by Harrods.

Yacht marina - designed by Andrew Winch, who is the most titled yacht marina designer in the world.

The One&Only hotel is one of the best hotel chains in the world. The hotel in Porto Novi will be the first in the chain to open in Europe.

SPA - ESPACE CHENOT - one of the best world-class spas.

The complex will feature a magnificent 5* infrastructure: restaurants with the best world cuisine and Montenegrin dishes, a Spa and wellness center by Espace Chenot, a yacht marina,

Apartments and villas are available for sale in the project.

The first phase of the complex will be completed at the end of 2017.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
350 000 €
Real estate transfer tax
14 500 €
4 500 € (3% × 150 000) + 10 000 € (5% × 200 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs15 332 €
Estimated costs to purchase the propertyTotal: 365 332 €

Location

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 50 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€350,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€1,741/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€1,798/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€1,827/мес
Monthly payment
€1,617
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€245,000
Total interest€143,054
Loan amount
€245,000
Total interest
€143,054
Total payment
€388,054

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

350 000 €
1099