Kotor, Prcanj

Object code - 1. 26. 18. 3783 Your attention is invited to an investment project for the construction of a residential complex of apartments in the city of Prcanj, Republic of Montenegro - Palma Plaza. The plot for accommodation of apartments is a land plot of 1500 sq. m. in close proximity (about 50 meters) from the coastline, with good access and magnificent sea views. The relief of the site assumes specific characteristics of the sea, starting from the first floor of the object being implemented. The location of the plot is a quiet area, for a comfortable stay, on the sandy shore of the picturesque Boka Kotor Bay. The proximity to the resort town of Kotor makes it possible to use all the necessary infrastructure for a comfortable stay - shops, cafes, bars, restaurants, historical sites, a harbor for mooring yachts and boats, and much more. At a distance of no more than one kilometer there is a ferry across the Bay of Kotor, which makes it possible to get to the nearby resort town of Herzog Nova (and further to the Republic of Croatia) without loss of time. A car ride to Tivat Airport will take no more than half an hour. The construction project involves the construction of the main four-story building, a detached apartment and underground parking. The total area of the premises to be sold is 1300 sq. m. The main building consists of 13 apartments of various sizes - from 60 sq. m. up to 130 sq. m. , which makes it possible to attract buyers of various price groups. The apartments on the upper floors have spacious outdoor terraces. The project involves the presence of an outdoor heated pool in front of the buildings and a recreation area, barbecue, playground behind the main building. At the request of the investor, the apartment project can be reformatted into a hotel complex. The land plot has been bought into ownership, all the necessary documents have been drawn up for it, the Main Project has been developed and approved, all utilities have been paid. The estimated estimated cost of the project implementation (the required amount of investments) is estimated by us in the amount of 900, 000 Euros. Estimated sales amount at a pessimistic selling price of 2000 Euro/sq. m. will amount to 2, 600, 000 Euros. The duration of the project is one year. The site is completely ready for construction. We propose to consider several options for the implementation of the project: Option I. We are ready to sell the entire project by selling the company to which it is issued. In this way, you will be able to avoid losses on the payment of sales tax. The amount of the sale is 550, 000 Euros. Selling model is being discussed. Option II. We are selling a 50% share of the company for 350, 000 Euros. The income from the project implementation is distributed in a 50/50 parity ratio from the actual sale of apartments.