Luxury Seafront Apartments
Property Type: Apartment
Total Area: 43–76 m²
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.
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
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