Real estate in Montenegro is an unobvious but promising choice for an investor who wants to buy a home on the Mediterranean. At least because the costs of utilities and taxes are significantly lower than in many European countries. At the same time, Montenegro is in the active stage of reforming its infrastructure, including the transport system.
Real estate in Montenegro. A new exclusive beachfront project in the Bay of Kotor
A collection of 66 exclusive residences under the Mövenpick brand are currently under active construction on the sandy shores of the UNESCO-protected Bay of Kotor. The interior design is fully planned and will be executed in a specific style, and the residences will be delivered to owners fully finished and furnished. Construction is scheduled to be completed in the summer of 2025.
Bright and spacious residences (ranging from 50 sq.m. to 230 sq.m.) feature elegantly designed living areas with floor-to-ceiling panoramic windows that maximize natural light and offer breathtaking views of the Bay of Kotor.
The project is not just residential residences, but a large infrastructure project. Including
- 5* Mövenpick hotel
- Mövenpick Residences Teuta
- Private jetty
- Sandy beach and beach bar
- Spa and fitness center with indoor infinity pool
- Shopping area with hairdresser, souvenir shop, marine shop, pastry shop
Mövenpick Residences Teuta Kotor Bay property owners and their guests will be provided with management services upon request. Such as
- Meals in residence, personal chef services
- Private transfers and limousine services
- Residence cleaning (daily, weekly, etc.)
- Private boat transfers
- Babysitting
- Residence maintenance
- Turnkey residence maintenance package “While you are away”
Owners of the Mövenpick Residences may rent it out through a management company (on a daily, weekly, and monthly basis). But such an agreement is not mandatory – property owners can leave the apartment exclusively for personal use.
Examples of real estate in Mövenpick Residences
Apartment with courtyard view with one bedroom, one bathroom, balcony 4.42 m2, total area 53.16. Price – €410,000
Sea view apartment with one bedroom, one bathroom, terrace 26.62 m2, total area 85.35. Price – €614.541
Spacious apartment with marina view, two bedrooms, two bathrooms, with a terrace (44.55 m2), total area 131.14 m2. Price – €1,131,083
Privileges for owners of Mövenpick Residences Teuta Kotor Bay:
✔ Platinum status in Accor Live Limitless (ALL) – an exclusive loyalty and lifestyle program that gives access to room upgrades, preferential rates and other benefits at Accor hotels worldwide.
✔ VIP reservation service – personal support in organizing trips in the Accor chain of hotels, resorts and other hospitality facilities.
✔ Automatic room upgrades upon arrival at over 4,000 hotels and resorts worldwide (subject to availability).
✔ 20% discount on the best available rate at participating Accor hotels and resorts.
How to choose and buy real estate in Montenegro
Note that a foreigner can buy real estate in Montenegro without any significant restrictions on ownership and management of the property. At the same time, almost all premium real estate on the Montenegrin market is located with a view of the water and in close proximity to the sea.
Residence permit of Montenegro. For those who, in addition to buying an apartment, would like to obtain permanent status in the country, we offer to apply for a residence permit in Montenegro through APEX. This way, you can become a full-fledged participant in the local banking system, as well as obtain a driver’s license and ID card (can be issued through APEX).
