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Buy cottage in Montenegro region in Bar city in Bar

374 706 $

5 063 $ /м²

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Area

74 м2

Bedrooms

2

Cottage in Bar. City - Bar

Likosoho is the first luxury 5* hotel in Bar, which is among the five best hotels in the coastal zone of Montenegro, with unique apartments located near the seaside.
Likosoho offers you the opportunity to invest in real estate in the amount of 270.000 euros or take advantage of the time-limited opportunity and apply for Montenegrin citizenship by investing in one or more real estate units with a minimum amount of 450,000 euros.
This business model does not require you to move, but allows you to be the owner of living spaces in the hotel complex and be under the scrutiny of polite staff 24 hours a day, 7 days a week, with all the amenities of a 5* hotel in one of the sunniest places in Europe.

Key Features:
Category: 5* hotel
Capacity: 322 rooms, Phase 1 70,000 m2
Plannings: 39 different types
Site: 67 - 310 mp> Key Facilities:
Wellness & SPA Center - 1.750 m2
Sports Lounge, Outdoor Pool and Waterpark
Restaurants and Outdoor Bar
Trade Center with 20 premium boutiques
Conference Halls - 1,500 m2
Casino - 2,200 m2
Underground Parking - 400 seats
A round-the-clock check-in and concierge service



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- Water Park
- Medical center
- Sports venues
- Port renovation
- This large-scale project Liko Soho on the Montenegrin coast, with all the support infrastructure, will provide our customers with unique opportunities for renting out their residential units in our hotel. Located in the heart of the city, between the sea and the mountains, the modern architecture of the hotel with all the amenities and infrastructure will give a modern look to the city and make it a new popular tourist center on the Adriatic coast.

Return on investment

The photo (see photo) shows an example of a return on investment in the amount of 450,000 euros solely through the rental of properties.
For each of the types of apartments you are interested in, Colliers International will prepare a detailed analysis of the return on investment, which will include:
- The cost of real estate after construction
Proportional increase in the value of real estate in the market The impact of the brand on the value of real estate
Income from leasing

Citizenship

The condition for obtaining economic citizenship of Montenegro is to invest at least 450,000 euros in a development project on the coast of Montenegro. In addition to the investment of this amount, a contribution of 200,000 euros must be made to the state account, as well as payment of expenses to the licensed Agency, including a contribution of 15,000 euros for the applicant, 10,000 euros for each family member (maximum 4 members), 50,000 euros for each subsequent family member. Residential units are subject to individual sale and must be in commercial operation for at least 10 months a year.
The acquisition of Montenegrin citizenship is possible by investing in the Liko Soho Hotel, on the basis of a decision of the government and placing it in the list of projects of special importance for the economic interest of Montenegro. A total of 2,000 applications will be accepted under the program.

The applicant submits the application to the Investment Agency through one of the three licensed intermediary agents, together with all the necessary documents and payment of the fee for conducting the process
15,000 euros for the main applicant 10.000 euros for each member of the family (maximum 4 people) the amount of the applicant

is paid by the applicant for the amount of EUR 750/strong. for the registration of EUR/strong.

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Cottage

Price

374 706 $

Characteristics

Sea View

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