Apartments in a five-star hotel in the Montis mountain resort managed by the Splendid group

Apartments in a five-star hotel in the Montis mountain resort managed by the Splendid group
Montenegro, Kolasin
ID – MNE53820
Price
from 250 000 €
Size
from 30 m²
Beds
1
Bathrooms
1

Price

Selling price 250 000 € - 500 000 €
Cost m² 11 111 € - 8 333 €

145km

to the sea

63km

to the airport

50m

infrastructure

Profitability and management

Real estate yield (year) 2 - 3%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

Description

The hotel is located in Kolašin, just a 15-minute walk from the city centre. Kolasin is the busiest mountain town in Montenegro, a popular summer and winter tourist center. It is located at an altitude of 954 m on a plateau between two magnificent mountain ranges – Belasitsa and Sinyaevina.
The hotel is located on a site surrounded by a lush emerald forest and clean mountain air.

The hotel’s location on the banks of the natural pearl of Europe – the Tara River and the planned green pedestrian zone will connect the hotel and residences with the cableway station leading to the ski center. This river crossing will connect the hotel with nearby sports, entertainment and other facilities on the banks of the Tara River. Along with Žabljak, Kolasin is one of only two winter sports destinations in the country, it is currently undergoing extensive infrastructural development.

Scenic views of the Bjelasica mountain range, secluded and untouched nature have greatly influenced on the architecture of the hotel, which consists of 238 units, including restaurant, conference rooms, cinema, pub, wellness and spa, indoor and outdoor pools, kids club, ski room and garage. The architectural idea was to create a new standard of modern design, appropriate to the context of the mountainous region. The large conference hall of the hotel, which can accommodate up to 400 visitors, is complemented by two small conference rooms with 50 seats. In addition to the city’s cultural amenities, the hotel has a fully equipped with 3D cinema for up to 72 guests.

Investor cat buy apartments with an area of ​​30 sqm up to 45 sqm, sales model – first come first served. The price for a standard room with a mountain view is €250,000, the price for a room with a river and mountain view is €270,000. It is possible to purchase a room for €500,000. This is the only project in the north where there are no maintenance fees for the room. The hotel will be managed by Splendid.

The investor receives free accommodation at the Montis Mountain Resort hotel during 1 month per year, and while the hotel is being built, 1 week of free accommodation at the 5* Splendid Conference and SPA Resort hotel in the south of Montenegro. He receives a loyalty card, which gives a discount on the use of the entire infrastructure of the Montis Mountain Resort hotel, as well as on accommodation and infrastructure of the Splendid Conference and SPA Resort 5 * hotel.

Profit is calculated at the end of the year per room and from the use of the entire hotel infrastructure: SPA, gym, restaurants, cinema, etc.

The property

Object type Hotel complex, Apartments
Object category New house
Object stage Design
Permits On hand
Construction start date March 2021
Object completion date 4Q 2024
Design features Ownership
Possibility of stay 4 weeks a year

Characteristics

Total area 30 m² - 45 m²
Number of storeys 4
Floor 2, 3, 4
Bedrooms 1
Baths 1
Parking Yes
Parking type Underground
View mountain, forest, garden

Equipment

Smart home system Yes

Properties

Elevator Сovered deck Public pool
SPA Gym Kids club
Garden on the plot Security Semi-basement floor
Terrace Internet TV
Restaurant

Location

Montenegro, Kolasin

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Svetlana
Gorchakova

Sales Director