10 reasons to buy property at Porto Montenegro
Porto Montenegro, the Mediterranean’s leading luxury yacht homeport and marina village, is widely regarded as one of Europe’s most attractive real estate investment projects in recent years. The complex, designed by the award winning WATG architects of London and MHZ interiors of Paris, will offer some of the most prestigious waterfront addresses on the Adriatic, with one, two and three-bedroom luxury hotel residences, unobstructed sea and mountain views, large club pools and direct access to the 5-star Regent Porto Montenegro hotel’s amenities. Besides that, there are even more reasons to seriously consider investing in Porto Montenegro right now.
1. Undiscovered Gem of the Mediterranean
The likes of Spain, France and Italy, although incredibly beautiful are overdone and during the summer vastly over crowded, Montenegro is a wonderful alternative with very similar climate and may very well be more beautiful.
2. Up & coming destination
On average the tourism in Montenegro increases by 10% each year making it popularity one to keep your eye on, now is the time to invest.
3. Ideal for boat owners
Not only will you be able to lease a berth for up to 30 years, have your holiday home close by, but you’re in the epicentre of the best cruising grounds that the Mediterranean has to offer.
4. Porto Montenegro is only 5 min walk away from a town
There is no need to wait for construction before your holiday home becomes convenient, Porto Montenegro already has some incredible amenities including, a grocery store, bakery, restaurants, retail outlets, spas, rental agencies and a florist. If there is the small chance that you are looking for something that we don’t have, Tivat is only a 5 min walk away!
One of the hottest investments, a condo-hotel unit purchase allows you in Montenegro to reclaim up to 19% VAT, cca 1/5 discount on the property purchase value.
6. Low living costs
Compared to most of Europe the average cost of living is much lower.
Although Montenegro is an incredibly safe country, compared to many others in the world at the moment, Porto Montenegro doesn’t take this for granted and has 24hr security along with CCTV making an already extremely safe place even safer.
8. Growing demand
All built units are sold out, showing that buyers have confidence in the product.
9. The capital appreciation has reached a Compound Annual Growth Rate of more than 10% for Montenegro
This speaks for itself, growth has been tracked and is only looking steady.
10. The property prices compared to similar properties in Europe is below average
Better value for money is always a good thing, although Porto Montenegro is not cheap by any means you are buying into an already established luxury, a world-class marine with impeccable service and amenities, considering that you are getting great value for money.