Residential Complex in Morinj No.186, 47 m²

Description

New club complex located on the first line in close proximity to the village of Kostanica in the Bay of Kotor.

Apartments from 47 to 157 m2 with one to three bedrooms are offered for sale. A secure gated area, an external panoramic elevator rising from the road to each residential building of the complex. The complex has an underground garage. One parking space is included in the apartment price. The complex is managed by a management company, under 24-hour security and video surveillance.

The interior finishing of the apartments includes: natural teak oak parquet flooring, in bathrooms – travertine stone and Porcelanosa tiles, Villeroy&Boch sanitary ware, window frames and interior doors made of natural wood, heated floors in bathrooms, central air conditioning and heating.

The complex consists of two separate 3-story villas and 6 low-rise apartment buildings.
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Floor

Area, m2

Number of bedrooms

Price, euros

157+150 m2 terrace

525,950

157,450

217,750

133

445,550, plus furniture

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 25 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.