Type: Plot
Location: Kumbor
Municipality: Herceg Novi
Plot size: 10677 m2
Price: 3300000

    This is project of a tourist apartment complex in Kumbor. It is extremely attractive and profitable. If you carefully read the text below is also the investment analysis including all costs. Of course, for this complex UT I provided the conditions in the Ministry, and it is possible to start construction for three months, as soon as investor comply projects  with their wishes..     

This Complex is situated on the Bay of Kotorska (in 1997 officially joined
the Association of 28 most beautiful bays in the world) and is five
minutes drive to the historic town of Herceg Novi. The town itself is an
architectural mixture of Romanic, Byzantine and Oriental styles and its
centre ‘Stari Grad’ dates back to the early 15th century. Often called
‘City of the Sun’ and ‘Town of eternal greenery’ it is filled with
fashionable cafes, restaurants and bars to satisfy all taste buds and
Complex overlooks Azure blue clean waters, and surrounded by scented
mimosa, camellia, oleander and bougainvillea you are immediately
transported into a Mediterranean haven that complements the high end,
modern architectural lines of this very attractive gated community of
An average of 260 sunny days per annum with temperatures of 25c between
May to September and very mild winters between 16-22c ensure this region
enjoys its own micro-climate and is well known amongst Montenegrins as
having the best weather in the whole country.
Extremely accessible and just a half hour coastal drive away is the
stunning city of Kotor set in the magnificent Bay of Kotor which is
protected by Unesco as a world heritage site. The bustling town of Budva
Old Town is reachable within forty minutes. Ski stations are a three
hour drive. Dubrovnik airport is only 30km from Complex with
international flights coming in from all over Europe and the local
airport at Tivat just 12km away.
Complex consists of: *125 luxury apartments – prices starting at
€135,000 (one & two beds plus penthouses available)
• Landscaped lush gardens with native trees and plants
• Indoor and Outdoor swimming pools (heated throughout winter)
• Gymnasium
• Shop and Restaurant
• Marina access at Kumbor
• Direct walkway to beach
• Car Park
• 24 hour Security in Gated Community
• Lifts to all floors in each block

*  Hotel ***** S+P+3   /1700m2+ Su 800m2/, reception, SPA Wellness, Restaurant, caffe, apartments, sports  facilities, swimming pool

*P of land = 10677 m2*
*Can build : 10 900 m2 + Suteren 3 100 m2* *= 14 000 m2* /if investitor
have interest, suterens can be more/


Start time  of construction  after the investor  completes  projects  within
30 days.  Or three months  of the conclusion of  the sale  and  payment
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