Apartments in a luxury 5* hotel in Bar
Likosoho is the first luxury 5* hotel in Bar, which is among the top five hotels in the coastal zone of Montenegro in terms of capacity, with unique apartments located close to the sea.
Likosoho offers you the opportunity to invest in real estate amounts from 270,000 euros or take advantage of a limited time opportunity and apply for Montenegrin citizenship by investing in one or more real estate units with a minimum amount of 450,000 euros.
This business model does not require you to relocate, but allows you to own residential properties in a hotel complex and be
under close attention of friendly staff 24 hours a day, 7 days a week, with all the amenities of a 5* hotel in one of the sunniest places in Europe.
KEY FEATURES:
Category: 5* hotel
Capacity: 322 rooms, 1st phase 70,000 m2
Layouts: 39 different types
Area: 67 - 310 m2
KEY FEATURES:
Wellness & SPA center - 1.750 m2
Gym, outdoor pool and water park
Restaurants and open bar
Shopping center with 20 premium boutiques
Conference rooms - 1.500 m2
Casino - 2.200 m2
Underground parking - 400 places
24-hour front desk and concierge service
COMPLETION OF CONSTRUCTION: 4 SQ. 2025
Taking into account the needs of our customers, as well as the local community, Liko Soho Group plans to implement the following projects:
- Outdoor and indoor swimming pool
- Aquapark
- Medical Center
- Sports grounds
- Reconstruction of the port
- Additional moorings for yachts
This large-scale Liko Soho project on the Montenegrin coast, with all the supporting infrastructure, will provide our clients with a unique opportunity to rent out their residential units in our hotel.
Located in the very center of the city, between the sea and the mountains, the modern architecture of the hotel with all amenities and infrastructure will give a modern look to the city and make it a new popular tourist center on the Adriatic coast.
The photo (see photo) shows an example of a return on an investment of 450,000 euros solely through the rental of objects.
For each of the apartment types you are interested in, Colliers International will prepare a detailed ROI analysis that will include:
- The value of the property after completion of construction
- A proportional increase in the value of real estate on the market
- The impact of the brand on the value of real estate
- Rental income
How can one become the owner of Montenegrin citizenship through the acquisition of real estate?
The condition for obtaining economic citizenship of Montenegro is an investment of at least 450,000 euros in a development project on the Montenegrin coast. In addition to investing this amount, a contribution of 200,000 euros must be paid to the state account, as well as payment of expenses to the licensed Agency, including a contribution of 15,000 euros for the applicant, 10,000 euros for each family member (maximum 4 members), 50,000 euros for each subsequent family member. Residential units are subject to individual sale and must be in commercial operation for at least 10 months a year.
Obtaining Montenegrin citizenship is possible by investing in Liko Soho Hotel, on the basis of a government decision and including it in the list of projects of particular importance for the economic interest of Montenegro. The program will accept a total of 2,000 applications.
The applicant submits the application to the Investment Agency through one of the three licensed intermediary agents along with all necessary documents and payment of the processing fee
15.000 euros for the main applicant
10.000 euros for each family member (maximum 4 people)
50.000 euros for each additional family member
The applicant pays the costs of checking the documentation
7.000 euros in case of one applicant
10.000 euros in case of applying for a family
The applicant pays the amount
100.000 euros to the state ESCROW account
100.000 euros to the state ESCROW account (development fund)
(Additional account opening fee of approximately EUR 750 applies)
A preliminary agreement for the purchase of real estate is signed between the Applicant and the Investor and the amount of 450,000 euros is transferred to the Seller's ESCROW account (an additional account opening fee of approximately 2,500 euros is charged, notary fees are approximately 600 euros.
Costs for the services of an accredited agency range from 35,000 to 50,000 euros
The cost of purchasing insurance is 250 euros for each applicant.