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studio flat for sale

Montenegro - Tivat

€297,000

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Call: 03339 390501
  • Description
  • Floorplans (0)
  • Map
  • Video tour (1)

Key features:

  • Convenient neighborhood within easy reach of 3 international airports, popular beaches and future championship Gary Player Golf Course
  • Growing tourism economy with competitive taxation system
  • Developer with proven track record
  • High-quality construction standards
  • Stunning seaside location with direct access to Lustica Bay Marina village and the waterfront
  • Indoor & outdoor pool / sundeck
  • 24-hour concierge service
  • Car park and valet service
  • Laundry and dry-cleaning services
  • Airport transfers

Full description:

Drawing inspiration from the indigenous architecture and local heritage, The Chedi Residences fuse the natural with refined luxury and unsurpassed comfort. Their distinctive style translates beautifully, creating a unique retreat to return to time and time again.
Combining incomparable elegance and refinement with contemporary luxury, privacy, exceptional facilities and amenities, and meticulous service, guests will feel indulged in a refined, yet relaxed ambiance, that evokes traditional coastal life.
As part of The Chedi Lustica Bay hotel complex, the Chedi Residences are an astute choice, combining both holiday home and investment opportunity.
Comprising 111 rooms, including 60 condominium studios, The Chedi Lustica Bay is one of the largest 5-star hotels in the Boka Bay area. Featuring two restaurants, a bar, ballroom, conference and business facilities, an outdoor heated pool, spa and fitness center featuring an indoor heated pool, gymnasium and exclusive retail offerings, The Chedi Lustica Bay offers contemporary, world-class facilities and amenities.
Set in a prime waterfront location within the Lustica Bay Marina and with direct access to an adjacent sandy beach, guests can unwind in complete tranquility over spectacular Adriatic Sea views.
Interiors by the acclaimed GG & Grace fuse contemporary coastal ambiance with natural accents.
A limited selection of Chedi Residences is now available for purchase including studio units, an exclusive one, and two-bedroom suites and an outstanding top floor corner Penthouse suite. All residences are fully furnished and equipped to the highest standards.
By becoming an owner of the Chedi Residences, you will benefit from:
Freehold ownership and guaranteed fixed term rental leaseback
Income potential through rental pool programme operated by the hotel
Optional guaranteed fixed term rental return or revenue share models
Personal use during pre-defined periods
Discounted tariffs during a personal use restricted period
Saving on various costs associated with regular real estate products
Available as studios and suites spanning in size from 49.5 to 117 square meters, The Chedi Residences also offer two prospective investment options - one with the guaranteed return 5% over 5 years with 35/65% rental income split after the 5 years period. The second option offers a non-guaranteed return - 50/50 % net rental income split with the hotel from day 1.

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Tivat (INTERNATIONAL), 1.3 miles
  • Podgorica (INTERNATIONAL), 29.9 miles

*Distances are straight line measurements. This feature is currently in beta.

Video tour

To view this property or request more details, contact
Lustica Development, Tivat

03339 390501  Local call rate
About Lustica Development, Tivat

Luštica Development AD was founded in 2008 as a joint venture between Orascom Development Ltd. (90%) and the Government of Montenegro (10%). As a subsidiary of Swiss Orascom Development, Luštica Development AD is the national project company responsible for developing, building and operating Luštica Bay and will remain a local partner for generations. Its guiding principle is to create a vibrant and prosperous Montenegro through intelligent development of the land using environmentally sound methods.
 

The project site is an inspiring, wonderfully secluded area along the Luštica peninsula, where rolling hills cascade down to an idyllic coastline. Its 690-hectares will be sensitively developed into a fully-integrated, new town in Montenegro with a state-of-the-art infrastructure. It will mark the biggest investment in Montenegro yet (1.1 billion Euros) and after completion will host a few thousand residents, more than 1000 apartments, more than 500 villas and townhouses, seven hotels, two marinas, a signature 18-hole golf course and a range of public facilities including a school and medical facility.


This is no ordinary large scale development. Luštica Development AD has an outstanding reputation for its dedication to preserving the nature, culture and architectural integrity of Montenegro. Development will work sensitively and sustainably with the land, protecting its natural richness, embodying the style and spirit of the local people and leaving a lasting social and economic impact on the area.


VISION


To create a vibrant, inclusive and sustainable year-round resort town, attracting regional and international renown for its value proposition, high quality natural and built environments, diverse offerings and experiences, relaxed lifestyle and strong sense of community.


MISSION


To develop and manage the Lustica Bay project to realize the company’s vision, to enhance its reputation as a reliable partner and to deliver sound financial performance to its shareholders


Disclaimer

This is a property advertisement provided and maintained by Lustica Development, Tivat (reference 08) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

or call 03339 390501
Calling from outside the UK? 0038267321454

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