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Description: ****ONLY 20% DEPOSIT**** The Kolasin Palace Resort is positioned on a peak where Flow Design, an architectural company has started on the design of three French-Austrian style 4 star hotels spa complex which will be a combination of hotel and high quality apartments. There will also be villas and a major commercial zone along with the huge range of amenities for the tourists visiting the site. The advantage behind this particular style of build program for this site is that it would be referred to as a statement complex in a prime location which would lead to high capital appreciation. The resort will have its own hospital along with a plastic surgery clinic and rehabilitation centre. The complex will also implement its own coach and taxi service. This stunning ski resort is only 1 hour & 20 minutes away from Podgorica International Airport, which is only 1/3 of the travel time compared to mountain resort in France, Austria & Switzerland. Also the developers are in negotiations with several budget airlines thus opening the resort to thousands of potential rental clients. ON-SITE AMENITIES: * Skiing and 200 snow cannons plus a nylon track system * Snowboarding * Spa facilities * 2 Water rides * Santa Land * Pony trekking * Hot air ballooning * Target shooting * Paragliding * Archery * Ice skating rink * Indoor bowling alley * 5 screen cinema * Helicopter tours * Hospital facilities OFF-SITE AMENITIES: * Horse riding & equestrian centre * Wild water rafting * Wild bore hunting * Off road driving * Go-cart racing * Mountain walking * Rock climbing * Hand-gliding * Cave, lake & cycling tours • FINANCE PACKAGE * 3,000€ FULLY REFUNDABLE reservation fee * Apartment fully furnished. * 5.5 % completion costs & low government taxes. BUSINESS LEASE BACK FINANCE PACKAGE: * 20 % deposit on signing of preliminary contract (less 3,000€ res fee) * 20 % nine months later. * Mortgage of 60 % available subject to status. * Circa 7.5 % variable over 30 years. * 6 % yield on mortgage amount guaranteed for five years. * Note for the first 300 units sold the yield will be 7.5 % matching the mortgage. * No maintenance or communal charge for the duration of the Business Lease Back. * One month personal use(Apr/May+Sept/Oct)to be used over two x 2 weeks periods only. * Each purchaser will receive a business performance report and a new valuation on their apartment every 12 months. PAYMENT TERMS WITHOUT PACKAGE: * 20 % deposit on signing of preliminary contract (less 3,000€ res fee) * 20 % nine months later. * 30 % after another nine months. * 30 % upon completion. * All utilities are metered. BR |
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