One bedroom penthouse apartment located in the “Mini Condos House”, in Kavac Montenegro. The new Mini Condos complex will be on our location The Springs in Kotor area.
This one bedroom apartment enjoys an elevated position with views over the surrounding olive groves and pine trees forest. Smart design makes this concept the idea property for short or long stays. Check out Mini Condos listings on Airbnb to see more interiors of already built Mini Condos Studios. Also read reviews of past guests who have enjoyed the coolness of the concept!
This apartment consists of c. 30m2 internal space, with the sleeping area conveniently located in the mezzanine of c. 10m2 and 1 bedroom. Modern interiors with a fully equipped bathroom and built-in storage under the stairs optimize the space greatly. The large French windows with Juliet balconies allow to open up the space to the beautiful nature around. Optional Kitchen and Furniture packs are available to make your property ready to move in upon delivery.
Outdoors, shared facilities include gardens, a veggies garden, a swimming pool, bbq area.
At Mini Condos, we offer many different payment-plans to suit each buyer’s needs.
The standard price, which applies for a payment plan that follows the progression of the works, is for this unit: 150.000€
The cash price, with 10% discount from the Standard Price, applies when the full payment is done upfront. The cash price for this unit is: 135.000€
Payment plans are available up to 5 years. For example, for this unit, a payment plan over 60 months means a deposit of 60.000€ and 60 monthly payments of 3.000€. These plans are flexible, and you can reduce the monthly instalment with a larger initial down-payment.
For those who wish to deposit the funds into a Notary Account (“escrow account”) there are two options. One with funds released as the works progress (Standard price +20%), the other with the release of funds upon handover of the property (Standard price +30%).
We can adapt to each specific situation, so do not hesitate to contact us with details of your repayment capacities and we will do our best to meet your needs.
With the Standard Leaseback Program, we (the seller) become your tenant, and pay you a regular rent, from the moment you have paid at least 70% of the price of the unit at a 4% p.a. rate. For example, a property bought at the standard price of 99.000€, you will receive a regular monthly rent of 500€ no matter if the property is rented or not, as contingencies are transferred to us. If you decide to pay the property “cash”, then you will start receiving rents even before the property is delivered.
With the Special Leaseback-Cashback Program, we (the seller) become your tenant, and pay you the rental income for the entire contracted lease period (from 3 to 10 years) at a 3% p.a. rate. For example, a property bought at the cash price of 135.000€, with a 10-year Leaseback-Cashback Program, you will receive a cashback of 40.500€ reducing your initial investment to 94.500€ only.
Get in touch soon, to secure your own Studio! We usually sell all studio units off-plan in the pre-development phase, so act fast !
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