The business-residential building Porto Budva, worth EUR 80 million, will be completed by mid-2021, said sales manager Ana Golubovic, adding that about 60 percent of the works have been completed so far.
"Due to the great interest and the possibility of return on investment for only five years, today only 19 apartments are vacant in the complex of 300 apartments and only 20 out of 50 commercial premises," said Golubovic.
She said that investments in real estate under construction, the possibility of a passive income, and a return on investment within five to seven years are just some of the benefits of buying a property in the Porto Budva facility, as reported by Infobiro.
This is, according to Golubovic, about the number one investment project in Montenegro, for several reasons, including the location.
“The complex is being built in the center of Budva, on the first line, just 100 meters from the Old Town with access to the main Mediterranean street and promenade. Also, our team is engaged in the complete equipping of apartments within the brand of a five-star hotel, as well as the preparation of financial statements for our clients, whose apartments and business premises are for rent," said Golubovic.
The largest spa in the city of 3.5 thousand square meters is planned Within the hotel, with indoor and outdoor pools. The largest shopping mall of eight thousand square meters, is also planned, on two floors with well-known brands, a congress hall, restaurants, cafes, and two-story car parking with 400 garage spaces.
Golubovic reminded that Montenegro is one of the three countries with the most dynamic development in Europe, that it is a candidate for the European Union (EU) and a leader in the foreign investment on the Balkans.
Budva, the capital of tourism and investment, is still called the new Monte Carlo because of its pleasant tax climate and respect for the norms of European legislation and a stable notarial system, which overall contributes to the attractiveness of the Porto Budva project," Golubovic concluded.
Text by MINA, on November 25th, 2019, read more at Boka News