Studio Apartment in Herceg Novi, Montenegro No. 66822

2
Studio Apartment in Herceg Novi, Montenegro No. 66822
ID66822 $ 172 173
66822

Property description

Bay View Village is a small, luxury complex located on the hillside in Zvinje, with breathtaking, unobstructed views 180° view of the mountains and the Bay of Kotor.

The development will comprise a mix of apartments and villas with a restaurant, all set in a peaceful and quiet area. It consists of 9 plots of land and the initial project includes 1 restaurant, 2 large villas and between 21 and 26 flats spread over 8 buildings in total. Depending on investors' needs, the buildings can be converted into a single 250 m2 villa, or into a residence with 2 to 4 flats.


At the moment 4 apartments in VILLA 7 with pool are available for sale. It sits on the plot of 841 sq m.

All the rooms, kitchens and living rooms as well as the swimming pool enjoy a breathtaking sea view.

The following apartments are for sale:

Villa 7 : 4 sea view flats with swimming pool

Only one apartment is left for sale in this building: 58 m2 2 bedrooms + terrace 40 m2 ground floor, price: 171.000 EUR
-Shared swimming pool 40 m2
-Common terrace
-Individual reversible air conditioning
-Private parking
-Furniture packs are available at additional price.

The completion of the property is planned for June 2023, for more information on the payment schedule please get in touch.

Villa 4: 3 luxury duplexes of 79 sq m, each with
-Two bedrooms,
-Private terrace
-Heated swimming pool
-Superb 180° sea view
-Car parking (or garage option)
-Price: 221.800 EUR

The construction will start in March 2023.

Villa 8: 2 large luxury duplexes of 128 sq m, each with
- 3 or 4 bedrooms (optional)
- Large private terrace
- Heated swimming pool
- Superb 180° sea view
- Car parking (or garage option)
- Price: 358.700 EUR

The construction starts in March 2023.

Location

View
  • Sea view

Features

Balcony
  • Terrace
Equipment and Appliances
  • Air Conditioners

Outdoor features

Spa, pool and etc
  • Swimming pool
Herceg Novi - Statistics
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ParametersHerceg Novi
Rent Per Month
Apartment (1 bedroom) in City Centre$ 733.57
Apartment (1 bedroom) Outside of Centre$ 541.18
Apartment (3 bedrooms) in City Centre$ 1 222.61
Apartment (3 bedrooms) Outside of Centre$ 916.96
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 074.50
Price per Square Meter to Buy Apartment Outside of Centre$ 2 346.33
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ParametersHerceg Novi
Crime Index16.69
Restaurant Price Index39.38
Property Price to Income Ratio16.75
Climate Index89.39
Safety Index83.31
Rent Index16.28
Groceries Index38.88
Pollution Index20.69
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ParametersHerceg Novi
Restaurants
Meal, Inexpensive Restaurant$ 8.63
Meal for 2 People, Mid-range Restaurant, Three-course$ 37.76
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.09
Domestic Beer (0.5 liter draught)$ 2.37
Imported Beer (0.33 liter bottle)$ 3.24
Coke/Pepsi (0.33 liter bottle)$ 2.16
Water (0.33 liter bottle) $ 1.52
Cappuccino (regular)$ 1.96
Markets
Milk (regular), (1 liter)$ 1.31
Loaf of Fresh White Bread (500g)$ 0.93
Eggs (regular) (12)$ 2.94
Local Cheese (1kg)$ 8.12
Water (1.5 liter bottle)$ 0.73
Bottle of Wine (Mid-Range)$ 5.12
Domestic Beer (0.5 liter bottle)$ 1.02
Imported Beer (0.33 liter bottle)$ 1.69
Cigarettes 20 Pack (Marlboro)$ 3.51
Apples (1kg)$ 1.24
Chicken Fillets (1kg)$ 6.67
Oranges (1kg)$ 1.45
Potato (1kg)$ 0.98
Lettuce (1 head)$ 1.44
Rice (white), (1kg)$ 2.40
Tomato (1kg)$ 2.39
Banana (1kg)$ 1.72
Onion (1kg)$ 1.20
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 10.86
Transportation
One-way Ticket (Local Transport)$ 1.08
Monthly Pass (Regular Price)$ 55.02
Gasoline (1 liter)$ 1.60
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 28 116.06
Taxi Start (Normal Tariff)$ 0.65
Taxi 1km (Normal Tariff)$ 0.76
Taxi 1hour Waiting (Normal Tariff)$ 11.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 20 496.69
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 110.89
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 24.81
$ 16.06
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 809.08
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 53.94
Tennis Court Rent (1 Hour on Weekend)$ 10.79
Cinema, International Release, 1 Seat$ 5.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 77.48
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 32.36
1 Pair of Nike Running Shoes (Mid-Range)$ 70.12
1 Pair of Men Leather Business Shoes$ 91.70
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 254.76
International Primary School, Yearly for 1 Child$ 5 214.07
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityHerceg Novi
TypeApartment
Living space47 m²
  • sq. ft
Price
  • Price
  • per m²
$ 172 173