3 bedrooms Villa for sale in Herceg Novi, Montenegro by Astra Real Estate No. 66929

Property description

Nestled in the picturesque hills above the Adriatic Sea, 'Olive Village' is a harmonious enclave of modern living, offering eight exquisite three-bedroom villas for sale in the serene Podi area of Herceg Novi. Immerse yourself in the beauty of nature, surrounded by a grove of olive trees, as you explore these thoughtfully designed homes that seamlessly blend contemporary style with the tranquility of their surroundings.

Herceg Novi is one of the major Montenegrin tourist destinations, located at the entrance to the Bay of Boka. It is well known as a spa and health center, famous for its tourist attractions - castle Forte Mare, built in 1382, a clock tower built by Austrians in the 19th century, and the Kanli tower built by Turks.

Just 3km from the bustling center of Herceg Novi, in the Podi area, 'Olive Village' is strategically located for convenience and seclusion. The villas offer easy access to the beach, a five-kilometer embankment, the Porto Novi residential area yacht marina, supermarkets, restaurants, schools, kindergartens, and other essential infrastructure facilities.

Each villa has functional planning solutions, modern energy-saving systems, and private plots from 500m2 to 1200m2. There are two distinct villa types, each offering a unique living experience.

Type A: On the ground floor, there is an open space living room with a kitchen and dining place, one bedroom with a bathroom, laundry room, and a hallway. On the first floor is a master bedroom with a bathroom and a guest bedroom with a bathroom. The total living area of this type of villa is 128m2.

Avaliable villas:

* A9, 128m2, plot 521m2, garden view, 590.000€

* A8, 128m2, plot 528m2, sea view, 620.000€

Type B: On the ground floor, there is an open space living room with a kitchen and dining place, one bedroom with a bathroom, pastry, and a hallway. On the first floor is a master bedroom with a bathroom, wardrobe, and a guest bedroom with a bathroom. The total living area of this type of villa is 140m2.

Avaliable villas:

* B10, 140m2, plot 499m2, garden view, 590.000€

* B11, 140m2, plot 616m2, garden view, 590.000€

All villas are equipped with modern energy-saving systems for cooling and heating, ensuring comfort and sustainability. Enjoy the advantage of no real estate turnover tax upon purchase, as the sale occurs directly from the developer. Estimated annual ownership costs are approximately €300.

'Olive Village' offers a breathtaking panoramic view over the Bay of Boka's entrance. It is conveniently situated in the hills near Herceg Novi, just 34km from the international airport in Dubrovnik (Croatia) and less than 25km from Tivat Airport and Porto Montenegro Yacht Marina. The famous residential area and marine Porto Novi is a mere 8km from 'Olive Village.'

Experience the epitome of modern living in the embrace of nature. 'Olive Village' invites you to explore a life of tranquility, convenience, and sophistication. If this unique opportunity captivates you, contact us for more information and embark on a journey to call one of these villas your own.

Property features
* Design concept
* Furnished
* Mountain view
* Parking
* Peaceful area
* Sea View

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Parameters	Herceg Novi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 739.53
Apartment (1 bedroom) Outside of Centre	$ 545.59
Apartment (3 bedrooms) in City Centre	$ 1 261.56
Apartment (3 bedrooms) Outside of Centre	$ 924.42
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 099.52
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 365.42

Parameters	Herceg Novi
Crime Index	16.69
Cost of Living and Rent Index	29.42
Purchasing Power Index	55.40
Restaurant Price Index	38.54
Property Price to Income Ratio	16.75
Climate Index	89.39
Safety Index	83.31
Cost of Living Index	39.27
Rent Index	17.01
Groceries Index	37.56
Pollution Index	20.69

Parameters	Herceg Novi
Restaurants
Meal, Inexpensive Restaurant	$ 10.88
Meal for 2 People, Mid-range Restaurant, Three-course	$ 35.35
McMeal at McDonalds (or Equivalent Combo Meal)	$ 9.79
Domestic Beer (0.5 liter draught)	$ 2.72
Imported Beer (0.33 liter bottle)	$ 2.72
Coke/Pepsi (0.33 liter bottle)	$ 2.72
Water (0.33 liter bottle)	$ 1.78
Cappuccino (regular)	$ 2.28
Markets
Milk (regular), (1 liter)	$ 1.38
Loaf of Fresh White Bread (500g)	$ 0.96
Eggs (regular) (12)	$ 3.01
Local Cheese (1kg)	$ 8.70
Water (1.5 liter bottle)	$ 0.81
Bottle of Wine (Mid-Range)	$ 5.44
Domestic Beer (0.5 liter bottle)	$ 1.09
Imported Beer (0.33 liter bottle)	$ 1.72
Cigarettes 20 Pack (Marlboro)	$ 3.53
Apples (1kg)	$ 1.20
Chicken Fillets (1kg)	$ 7.04
Oranges (1kg)	$ 1.43
Potato (1kg)	$ 1.05
Lettuce (1 head)	$ 1.45
Rice (white), (1kg)	$ 2.25
Tomato (1kg)	$ 2.70
Banana (1kg)	$ 1.79
Onion (1kg)	$ 1.31
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 10.60
Transportation
One-way Ticket (Local Transport)	$ 1.09
Monthly Pass (Regular Price)	$ 55.47
Gasoline (1 liter)	$ 1.63
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 31 538.95
Taxi Start (Normal Tariff)	$ 2.18
Taxi 1km (Normal Tariff)	$ 1.09
Taxi 1hour Waiting (Normal Tariff)	$ 16.31
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 20 663.45
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 128.52
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 26.64
	$ 15.66
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 815.66
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 54.38
Tennis Court Rent (1 Hour on Weekend)	$ 10.88
Cinema, International Release, 1 Seat	$ 7.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 81.57
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 32.63
1 Pair of Nike Running Shoes (Mid-Range)	$ 70.69
1 Pair of Men Leather Business Shoes	$ 92.44
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 543.77
International Primary School, Yearly for 1 Child	$ 5 256.49

3 bedrooms Villa in Herceg Novi, Montenegro No. 66929

Property description

Location

Features

Indoor facilities