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Idyllic Mountain Retreat Residences

Idyllic Mountain Retreat Residences

Montenegro

This hotel lies in close proximity to the town center of Kolašin and extends over a sloping terrain in a natural environment, starting from 929 m above sea level.

On the riverbank of Tara, surrounded by the beautiful Bjelasica and Sinjajevina mountains, the development occupies one of the most attractive places in which to stay. The skiing center is situated 11.2 km away from the hotel, and the area immediately surrounding the hotel is destined to become a top tourist attraction, with further facilities including new hotels and restaurants planned for construction in the future.

The construction started in May 2020 and is on-schedule to be completed by the end of 2022.

Key features

Category: 5-star

Ownership model: Condo

Completion of construction: Q4 2022

Hotel operator: Developer

Rental income distribution: 40% of the gross profits

Maintenance fee: EUR 50 per m2 per annum

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

Form of ownership: Freehold

Furniture: Included

Key amenities

  • Luxury 5-star hotel
  • Wellness and spa center
  • Indoor pool
  • Casino

Units ranging from 28 m2 studios to 70 m2 master suites.

Key Information

For sale

EUR 250,000

Property Type

Apartment

Bedrooms

Various

Total Area

28-70 m² 

Status

Under Construction

Property ID

ME3-00

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