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£1,659,113* (€1,940,000)
Added > 14 days

1 bedroom property

Porto Montenegro
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Property
1 bed
0 bath

Property description & features

  • 24/7 Concierge/Reception
  • Swiming Pool
  • Panoramic Bay Views
  • 24/7 Security Cameras & Guards
  • Gym
  • Ocean View
  • Hotel Services
  • Waterfront Apartment
  • Balcony
  • New Development

Discover a luxury one-bedroom apartment nestled within the Aeris building, a nautical architectural masterpiece located on the waterfront in the newly developed Porto Montenegro neighbourhood, Synchro Yards.

This apartment offers a generously sized open-plan living area that includes a dining space and kitchen, all leading out to a terrace that boasts stunning views of the lagoon. Additionally, it features an en suite bedroom, a guest toilet, and ample storage space.

Aeris sets the standard for exclusivity in Porto Montenegro, with its coveted position in the largest neighbourhood of Porto Montenegro, Synchro Yards. The building houses 22 residences across 5 floors, providing a selection of one-, two-, three-, and four-bedroom apartments and penthouses. These homes are bathed in natural light and surrounded by spacious balconies, ensuring a seamless blend of indoor and outdoor living.

AERIS is crafted to be the most exclusive of all Porto Montenegro residences, beginning with its coveted location in Porto Montenegro’s largest neighbourhood, Synchro Yards. This uniquely crafted sanctuary offers sweeping views, a panorama taking in the award-winning marina to the south, the lagoon and beach club to the north and the open waters and breathtaking sunsets directly ahead. Synchro Yards represents a new chapter filled with artistry and buzz, a symbiotic enhancement of the Porto Montenegro community that pulsates with creative energy and thrilling innovations, all accessible from peaceful and private homes seemingly cast afloat on a waterside peninsula. AERIS is an unparalleled combination of privileged exclusivity and lifestyle convenience. A place where you find the space to realign to nature’s pace amid her slow beauty and wild romance.

Amenities include:

  • Valet parking for garage owners
  • A resident-only indoor pool
  • Advanced technology for convenience and energy savings
  • An exclusive performance gym for residents
  • Round-the-clock concierge service and security
  • Membership to the beach club and hotel gym
  • The option for a la carte hotel services

The sanctuary of Porto Montenegro is a spectacular lifestyle destination with a world-class marina and luxury residential village, owned by the Investment Corporation of Dubai (ICD) with a portfolio that includes Emirates, One&Only Resorts, and Emaar Properties. UNESCO-protected Bay of Kotor location, with proximity to three international airports and Mediterranean cruising grounds, World-class, full-service 450-berth marina, and extensive luxury residential offerings. Accompanying infrastructure includes an international school, clinic, sports facilities, creative hubs, and business centres, as well as numerous restaurants and bars, alongside shops, markets, and galleries.

Instalment Stages

  • Non-refundable Reservation Deposit of €10,000 or €20,000 (dependent on unit price) on signature of the Reservation Agreement
  • 25% instalment on signature of Sale and Purchase Agreement. Reservation Deposit is deducted from this amount
  • 25% instalment on completion of core and shell
  • 25% instalment on completion of watertight building
  • 25% instalment on building completion
  • Note: Instalments include VAT. Sale and Purchase Agreements must be signed and returned within 30 days of reservation.

Investing in Montenegro offers several compelling reasons:

Stable Political Situation: Montenegro’s government is firmly oriented toward EU membership. It is the first country in line for EU acceptance and is also the newest member of the NATO alliance.

Low Taxes: Compared to other European countries, Montenegro boasts relatively low income and profit tax rates, both set at only 9%.

Stable Currency: Although not part of the EU, Montenegro uses the Euro as its official currency.

Simple Purchase Process: Foreign buyers can purchase, sell, and rent properties under the same conditions as Montenegrin citizens. The process is straightforward and safe.

Residency Opportunities: Owning property in Montenegro allows foreign investors to obtain a residency permit, regardless of the property’s value. After five years, property owners can apply for permanent residence.

Thriving Tourism Industry: With approximately 2.5 million visitors in 2019, tourism is a vital and dynamic industry in Montenegro.

Strategic Geographic Location: Montenegro’s position in Southern Europe, bordering the Adriatic Sea, serves as a historical meeting point between the East and West. Flights to both London and Moscow take approximately 3 hours.

Excellent Connectivity: Montenegro has two international airports (Podgorica and Tivat) with low-cost flights from various European cities. Additionally, it boasts four ports (Bar, Kotor, Zelenika, and Tivat), a railway to Belgrade (Serbia), and a ferry service to Bari (Italy).

Favourable Climate: The coastal region enjoys a Mediterranean climate with around 240 sunny days annually. Summers average 27°C (81°F), while winters are mild at 8°C (46°F). The mountainous north experiences an alpine climate with substantial winter snowfall.

Natural Beauty: Montenegro is a naturally stunning country, from its scenic coastline with sandy beaches and medieval coastal towns to its five national parks, majestic mountains, and ski resorts. As tourism trends shift toward active holidays, unique experiences, and sustainable travel, Montenegro remains an attractive destination for visitors and property buyers.

In summary, Montenegro presents a promising investment landscape, combining stability, favourable tax policies, and a captivating environment for growth and prosperity

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    *Based on an exchange rate of 1.1693 from GBP to EUR last updated on May 2, 2024

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