Want to sell your overseas property? Want to advertise your holiday home to rent to 40 million possible renters. Contact us on info@myoverseasproperty.ie
Magnolia Villas consists of four villas containing six, two-bedroom apartments with sizes ranging from 84.30 m2 to 111.94 m2 nestled in verdant landscaped gardens. The development is situated in Djenovic with each apartment offering open sea views.
Each apartment has been specifically built with a personal terrace take full advantage of the sunny position of the development allowing brightly filtered light to flood the living room. Apartments are accessible without stairs ideal making this an ideal investment for persons with special needs.
Investment Information:
Montenegro offers property investors some of the most exciting real estate investment opportunities in Europe at the moment. Montenegro is a growing tourist industry largely triggered by the burgeoning housing market, considerable foreign interest in the country and a government committed to maintaining current stable political and economic conditions. Growth has been further fuelled by substantial Russian, German and Italian investment with both companies and individuals purchasing stunning coastal and city properties.
Property prices have risen dramatically in Montenegro with some of the most popular areas seeing as much as 30% growth. Overseas property buyers looking to make an income in the should target the coastal towns and beautiful, ancient walled cities of Montenegro where growing numbers of German, Eastern European and Russian visitors head annually as there is immediate money to be made from buying to let to the tourism market and buying to let domestically in the main towns and cities in Montenegro. Long term growth potential is secured by the local population who are becoming wealthier, home finance becomes more widely available and growing numbers of international retirees and second home hunters realize the incredible attraction of the country and are drawn to purchase property in Montenegro.
Location:
Magnolia Villas is one of the most elegant developments within the Herceg Novi area and is located just above Djenovici. Djenovici is very beautiful and lively village with ssecluded beaches just a short walk away. Djenovici also features a waterfront promenade of cafes and restaurants some of which offer delicious local cuisine for those who desire to sample local culture.
Djenovici is 45 minutes from Dubrovnik airport and within 20 min driving distance to the ancient town of Herceg Novi. It is also close to the airport of Tivat. There are frequent links by ferry-boat with other towns around the bay, which gives easy access to the beaches of the Adriatic.
Facilities and Apartment Specifications:
• Swimming pool • Air conditioning • Fully fitted and furnished kitchens, equipped with appliances • Tiled areas have floor heating • Bathroom features full-length hydro-massage bathtub & Jacuzzi • Allocated garages
Payment Plan:
• Refundable reservation deposit at 10.000 Euros • 30% after the singing of the main
