Djenovici Springs - Bay of Kotor, Herceg Novi

• Prices start at € 79, 900 - €179.900
• 6% Rental Guarantee
• Fully Managed Development
• Estimated date for completion 2009

Djenovici Springs is an exclusive development consisting of studios, one and two bedroom apartments ranging from 34 m2 - 69 m2 in a unique mature tree landscaped setting with stunning sea views and within easy walk of the beach. With just one building on the site, Djenovici Springs promotes the feeling of a home, rather than a complex yet offers similar advantages. A spacious swimming pool, a sauna, and jacuzzi on the ground floor of the building as well as an attractive water feature and barbeque area.

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 that has already been made into the growing property market in Montenegro 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:

The Bay of Kotor is naturally divided into four smaller parts with the four small towns of Herceg-Novi-bay, Risan- bay, Kotor-bay and Tivat-bay strung like pearls along the coastline. Each town is a treasure of history, art and beauty with Kotor as the old coastal and cultural centre.

The region of Kotor is a well preserved World Heritage Sites with hot dry summers and Mediterranean winters. It is an ideal coastal area surrounded by a mountainous backdrop creating the perfect setting for beach, river and mountain activities all year round. This region of Montenegro is probably one of the best known to foreign investors with its charming towns and villages on and nearby its Adriatic coast.

Apartment Specifications:

• Terraces
• Fully-fitted kitchens
• Fully-fitted bathrooms
• Air conditioning
• Full contemporary light fittings
• Satellite connection

Payment Plan:

• 10% Reservation deposit
• 20% On start of works
• 30% Completionof Level 1 floor slab
• 30% On com