Sale, one bedroom apartment, 85m², Risan, Kotor

Apartment area: 85 m2 (59 m2 + 26 m2 terrace)

Bedrooms: 1

Bathrooms: 1 + 1

A branded one-bedroom residence of 85 m2 within the Movenpick 5* Teuta Residences, which is under the management of the Accor Hotels group, the largest in Europe and the second largest in the world when it comes to operators of branded units. The resort and hotel are named after the Illyrian queen Teuta, who had her summer palace in today's Risan.

The apartment consists of a living room with a kitchen and dining room, a bedroom, a bathroom, a guest toilet, and a terrace of 26 m2 with a sea view.

It is fully furnished with branded furniture and according to the standards of a 5* hotel; future owners have two furniture packages available - Heritage and Mediterranean. Among the brands used were: Pliform, Dienne, Calligaris, Poltrona Frau, Faro Barcelona, Leta, Porada, UHS Group Ltd, Eichholtz, La Redoute's, BK Group...

The owners will have at their disposal all the facilities of the resort, including:

- Center for water sports

- Sandy beaches

- Indoor (15m) and outdoor (17.5m) swimming pools

- Private yacht cruises

- Swimming pool for children

- Private pier and the plan is to build a private marina with moorings for boats up to 30 m

- Workspace with meeting rooms

- Six types of restaurants

- Retail area

- SPA and fitness facilities

Owners will also have a card with which they can get discounts of up to 20% within the resort, as well as discounts on transfers to and from the airport. They can also use professional real estate management services; an optional real estate leasing program is available.

Buyers are approved for a repayment plan in stages:

25% upon signing the contract

25% upon completion of rough works

25% upon completion of insulation and facade

25% when taking over the residence

Average prices of one-bedroom apartments - Risan

Risan

Kotor

1 Year2 Years3 Years

This property's price is 105.53% higher than the average price of a single bedroom apartment in Risan

Average price: 3517.69 €/m²

This property is 71.54% smaller then the average size of a single bedroom apartment in Risan

Average size: 299 m²

3,518 €

Average annual price

+69%

Price trend (annually)

245

Days on the market