For Sale Residential $1,400,000 Euro - Oceanfront
Located on the Adriatic coast of Montenegro in Dobra Voda, near the seaside town of Bar, this stunning villa is perched 70 meters above the sea. Situated in the sunniest region of Montenegro in an area known for its mild microclimate and warm sea breezes. Enjoy a five minute walk to a secluded beach with emerald waters used only by local residents. Marvel at incredible views of the Adriatic from the 12m x 4 m infinity edge pool , two story glass walled living room, and each bedroom, sitting room and terrace. Secluded location at the end of a private street. Less than 10 minute drive to shopping, markets , and a full service marina in Bar, 45 minutes to Podgorica Airport, 30 minutes to Sveti Stefan and Budva.
This brand new home features 4 bedrooms, 5 bathrooms, a modern fully equipped kitchen, radiant underfloor heat, air-conditioning, large two car garage, infrared video security system, bar with wine refrigerator, laundry, and other amenities that make this a ready to move in home. A rare find in Montenegro, this moden designed and built single family home, was competed with all legal permits , taxes, and communal fees paid. This stunning modern single family villa is available complete and move-in-ready to the most discerning of buyers.
Montenegro: Monaco in the Making
Montenegro, known as ‘The Jewel of the Adriatic’ has become one of the most friendly places for business in Europe. It is now a decade ago since the semi-autonomous region of Montenegro, declared its independence and went on to become a sovereign state. Much of Montenegro’s allure comes from its shining mix of colors: aquamarine waters, green pine-forested mountains, blazing blue skies and white pebble beaches. However, Montenegro has also attracted a lot of attention for another reason: it is one of the easiest places to do business in Europe. Starting a company in Montenegro takes an average of about a week and requires no paid-up capital. To form a Montenegro corporation, you must follow six procedures, most of which are simple. The only documents you have to submit to the government are the articles of incorporation, corporate statutes, and list of directors. Montenegro offers global entrepreneurs a low-tax haven where they can pay a little tax and gain access to a network of treaties.
In addition, Montenegro has some of the lowest tax rates in Europe and even the world. Corporate taxes in Montenegro are a flat 9%. While royalties and capital gains are also subject to the 9% rate, there are no surtaxes or minimum taxes for companies doing business in Montenegro. There are also no stamp duties, although real property is subject to a 3% tax payable by the buyer at transfer. The transfer tax in included in the price of the Villa and will be paid by the seller.
Resident individuals in the country pay a maximum 15% tax on salary earnings (9% to about $1,000 per month, 15% on the balance). One year residency can be legally established with just the purchase of a property.
Montenegro also offers relief from taxes on foreign source income under an extensive network of tax treaties, although the United Kingdom and most countries in Europe dominate the list, along with China, Korea, India, and Malaysia, and some African countries. The United States, Canada, and Australia are not on the list.
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