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Luxury residential development in Herceg Novi surroundings

Location Herceg Novi
Unit ID 12910
Bedrooms 3-4
Deal Type Sale
Price from 299 000 €
Apartment area from 130 m2 to 135 m2
Swimming pool
Parking lot
Security
Management Company
Distance to sea (m) 3000

Conveniently positioned very close to the Croatian border and Dubrovnik airport, this luxury development is performed as a village that was typical of this region. Situated in the hills just 2km from the Bay above Herceg Novi, it has strong links to the sea and reminds of the original inhabitants who were mostly sailors and fishermen.

 

 

The refurbishment of entire ruined old-stone village is a unique project in Montenegro. It offers homebuyers the opportunity to own spacious, luxurious apartments and villas in traditional buildings that are being refurbished with painstaking attention to detail and authenticity.

 

The reconstruction of the village has been painstakingly planned to achieve a sense of community whilst allowing residents to enjoy their privacy. A crucial objective was to retain and enhance the many natural and distinctive elements that give the settlement its unique character, such as the attractive stone arches, open piazzas and terraces, tree covered alleyways and pathways, all augmented by the spectacular views...

 

The magnificent elevated position with stunning views overlooking the mouth of the Bay of Kotor, combined with the charming remains of the original village and its characterful stone houses, attracted the eye of the current owner who is creating a unique gated community here, accessible only by a private road, with excellent communal facilities.

 

Premium quality living, shaped by tradition

 

Each building is being lovingly reconstructed in the traditional style, using highest quality traditional materials. New stone is being sourced from a local quarry to match the original stone of the village. All doors and double-glazed window frames are hand-made locally from Montenegrin wood.

 

Residents will enjoy state-of-the-art convenience and comfort. The living rooms make the most of the stunning mountain and sea views through floor-to-ceiling glass doors, which open onto private terraces and balconies. Glass-fronted wood-burning stoves add to the atmosphere.

 

Top quality fixtures and furnishings are used throughout: 'Shaker style' kitchens with granite worktops and fitted branded appliances, oak flooring in living rooms and bedrooms, imported Italian porcelain tiles in kitchens and bathrooms, and Italian bathroom fittings.

 

All properties also benefit from heating and air conditioning, with under floor heating in kitchens and bathrooms. Onsite parking for residents and guests is included.

 

After purchase it is possible to include the property into the professionally managed rental pool which is operated by property management company, who already runs successful rental activity at two of their other developments in Kotor. 

 

Spa & Other Facilities

The communal facilities, built in Phase 1, include the following amenities:

• Reception area & key-holding service

• Swimming pool with infinity edge, giving spectacular views down the valley to the sea

• Wellness centre with sauna, steam room and therapy rooms.

• Convenience store and Cafe with terrace

• BBQ area with al fresco dining terrace

• Sunbathing terrace

• Landscaped gardens, planted with Mediterranean plants and herbs

• Children's play area

• Marked hiking trails starting and finishing in the village, connected with area's footpath network

 

Available:

- 3 bedroom villa with private pool, area of the villa - 135m2 and private cortyard with an area of 16 m2 - 299,000 euro

- 3 bedroom house with an area of 130 m2 and private cortyard with an area of 20m2 - 359,000 euro

 

The prices don't include VAT, the buyer also has to pay property transfer tax of 3% 

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