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5 Star Hotel Residences

5 Star Hotel Residences

Montenegro

This development will be an elite, five-star hotel in the coastal town of Bar, with luxury apartments near the waterfront. Elegant and modern seafront apartments will be located in close proximity to outdoor and indoor sports facilities, marinas, and the yacht club. Additional hotel amenities will allow guests to spend their time in the sunniest city on the Adriatic. On top of the hotel and related infrastructure, the developer intends to construct a water park, medical center, and accommodation for athletes in the immediate vicinity of the hotel — with the aim of improving the quality of life of the local population, positively affecting local tourism, and creating conditions for more attractive yields on investment.

Key features

Category: 5-star

Ownership model: Condo

Completion of construction: Q1 2025

Hotel operator: Radisson Blu

Rental income distribution: TBD

Maintenance fee: TBD

Annual property tax: 0.25–0.5% of the sales price

Form of ownership: Freehold

Furniture: Included

Key amenities

  • Wellness and spa center
  • Gym
  • Indoor and outdoor pool
  • Casino
  • Units ranging from 67 m2 studios to 302 m2 master suites.

Key Information

For sale

EUR 450,000

Property Type

Apartment

Bedrooms

Various

Total Area

67-302 m² 

Status

Under Construction

Property ID

ME10-00

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