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Property for sale information

 
Aquavista Bay  
Reference nr: SF335905
Description:

Description: Heavenly situated- Front Line Apartments - hugging the shores of the Herceg Novi Riviera at Kumbor just 6km east of Herceg Novi town and facing across Boka Bay to the sunny peninsula of Lustica is a brand new off plan complex of 223 luxury apartments – AQUAVISTA BAY. A mixture of 1 & 2 bedroom apartments are available, finished to the highest resort standards.

Irish developers, Baltimore Holdings expect to complete the project by 2010 as part of their substantial investment in Montenegro and following on from other successful luxury developments within Montenegro at Becici and Sveti Stefan.
Aquavista Bay is situated on the Bay of Kotorska (in 1997 officially joined the Association of 28 most beautiful bays in the world) and is five minutes drive to the historic town of Herceg Novi. The town itself is an architectural mixture of Romanic, Byzantine and Oriental styles and its centre ‘Stari Grad’ dates back to the early 15th century. Often called ‘City of the Sun’ and ‘Town of eternal greenery’ it is filled with fashionable cafes, restaurants and bars to satisfy all taste buds and pockets.
Aquavista Bay overlooks Azure blue clean waters and surrounded by scented mimosa, camellia, oleander and bougainvillea you are immediately transported into a Mediterranean haven that complements the high end, modern architectural lines of this very attractive gated community of buildings.
An average of 260 sunny days per annum with temperatures of 25c between May to September and very mild winters between 16-22c ensure this region enjoys its own micro-climate and is well known amongst Montenegrins as having the best weather in the whole country.
Extremely accessible and just a half hour coastal drive away is the stunning city of Kotor set in the magnificent Bay of Kotor which is protected by Unesco as a world heritage site. The bustling town of Budva Old Town is reachable within forty minutes. Ski stations are a three hour drive. Dubrovnik airport is only 60km from Aquavista Bay with international flights coming in from all over Europe and the local airport at Tivat just 20km away.

Aquavista Bay consists of:
*223 luxury apartments from 50m2 to 109 m2 – prices starting at €128,000 (one & two
beds plus penthouses available)
*Landscaped lush gardens with native trees and plants
*Indoor and Outdoor swimming pools (heated throughout winter)
*Gymnasium
*Shop and Restaurant
*Marina access at Kumbor
*Direct walkway to beach
*Car Park
*24 hour Security in Gated Community
*Lifts to all floors in each block

Bedrooms: Bathrooms: Price (€):
1 1 128,000
2 1 208,000
Features:
Beach
Submission Date:
09-22-2008
Last Update:
09-22-2008
Advertiser Details:


Name:
Sanet Ferreira

Company:
Baltimore Holdings

Phone:
021-4273850
Fax:
021-4283855
Mobile:
086 222 2275

 
Property Photo Gallery

 

Bay image

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Balcony

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Bedroom

Living room

Restaurant

Living room

View from the sea

Picture 1
 
Calculators

 
Property price: €128,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations