Waterfront GUARANTEED
INCOME
Apartments in world-class luxury resort on the Adriatic coast

 
/ RADOVICI
INVALID LISTING
  • Location: Region Tivat, Radovici MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, Hotels, Investment properties
  • Total number of units:80 
  • Units available for sale:39 (49%) PRICE LIST
  • Unit sizes: 57 sq.m – 660 sq.m FLOOR PLANS
  • Development status: Under construction
  • Planned completion: June 2017
  • Ownership: Freehold 
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 10%
  • No commission

Complex/building features

  • Sizes of units 57 sq.m - 660 sq.m
  • Total number of units 80

Distances

  • Distance to beach resort 100 m

Rental income features

  • Rental demand in the area High
  • Who will rent Tourists
  • Unit finishing in order to rent Fully-furnished
  • Ability to terminate rental agreement Easy
  • Rental management In-house management company
  • Annual rental income 4% (estimated)

Exit strategy

  • Resale Possible after completion
  • Easy exit Moderate
  • Resale management/consultant Local estate agent , Stonehard
  • Who will buy Foreign buyers

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing Excellent
  • Furnishing Furnished/unfurnished
  • Bathrooms Bathtub, Fully fitted bathroom
  • Flooring in rooms Parquet flooring, Tiled flooring
  • Windows UPVC window frames

Facilities in the complex/building

  • Communal Garden, Outdoor parking lot, Park, Internet access, Wi-Fi internet in the whole complex
  • Recreational Medical and spa centre
  • Commercial Bar, Cafe, Restaurant

Additional purchasing costs

  • Total additional costs 8% (estimated)

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 10%

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Ongoing costs and aftersale charges

  • Maintenance charge Not obligatory,
  • Management fee and looking after property Not obligatory,
  • Keyholding Not obligatory,
  • Accountant Not obligatory,