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Russians invest in Montenegro

Way to Russia Talk Lounge Forum Index -> Classifieds

Author	Message
worldhomes Just Starting Joined: 17 Apr 2007 Posts: 1	Posted: Tue Apr 17, 2007 1:28 pm    Post subject: Russians invest in Montenegro Hello All We are a compnay who are increasingly seeing Russians inparticular investing in Montenegro...in a very big way, in that case i would like to draw to youe attention a development we have in Montenegro which im sure would attract the astute investor from Russia... The development will also be close to the planned golf courses, (5 in total) also there is a planned 7 star hotel, only the second in the world. A Canadian businessman by the name of Monk is also investing 500,000,000€ to turn the docks into a plush Marina, the development is also close to the tax free area….the airport is also seeing major development to deal with the increasing traffic. Montenegro will eventually equal the likes of Monaco, the area is quickly grabbing the attention of the prudent investor, a Russian businessman has recently purchased land at a value of 11000€, a staggering amount but this price will increase along with everything in the country…. As price goes, 3000€ reservation will take an apartment off the market, then 20% deposit plus 2% admin. This is all you will be required to pay for the first 5 years because the build time is 2 years and then the developer will guarantee rental for the first 3 years, this will cover all costs (mortgage etc)….also when the first 25 have been sold the price increases, eg the start price for a 1 bed apartment will be 207480€, the end price will be 262973€…I can send you the availability/price list so you can see the price scale. The outlay is cheap a 300,000€ apartment will only cost around 66,000€ and that is all you will have to pay for the first 5 years…..the property will have at least double in this time as the growth is running at 20 to 25%...making this a very attractive proposition Mail me at info@worldhomes.es Darren
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