Porto Montenegro features a wide range of luxury Montenegro properties, which offer the potential for an attractive return on investment and a reliable income stream. This is the ultimate choice for those seeking impeccably crafted homes in a premier European destination with an opportunity for Montenegro citizenship on selected properties until January 2022.
And here, Boka Place is quite a good option.
Boka Place is the new urban quarter within Porto Montenegro, a commercial and residential center with a hotel, cafes, shops, galleries, private residences, green outdoor areas, and much more!
Investing in Boka Place allows you to get involved with the Montenegro CBI Program, which is valid only until the end of 2021. A Montenegrin passport is one of the most profitable investments on the market!
You buy one of the luxurious Porto Montenegro apartments. Investment amount — from € 450,000
You obtain a Montenegrin passport. The processing time is about 6 months
Live on the Adriatic coast, in the best part of the luxury marina Porto Montenegro
Boka Place is a new urban quarter in Porto Montenegro built with care and attention to detail, which has grown in Tivat, the harbor of Porto Montenegro.
Boka Place is a new ambitious project of ICD – Investment Corporation of Dubai. The famous investment firm owns brands like One & Only Resorts, Emirates airlines, Emirates NBD bank, and many other projects. It has an impeccable reputation.
This is the motto of this place and the way how Boka Place is described on the official site of Porto Montenegro.
Boka Place is built on a hill, 200 meters from the sea coast. With busy shops and cafés, the world’s first 5-star hotel SIRO is an attractive center of the whole project. Furthermore, there are five residential properties close to SIRO, three of which – Mistral, Ostro, and Sirocco – participate in the Citizenship-by-Investment program.
There are 144 SIRO-managed apartments — from suites to duplexes and penthouses. A difference in prices allows you to obtain Montenegrin citizenship in exchange for different investment options.
For example, you can buy a penthouse for €900,000 and share the costs with another investor. This enables you to pay only €450,000, which empowers you to get Montenegrin citizenship with much less expense. Another option is to buy an apartment for €290,000 (a minimum price for apartments). The developer adds a parking space and a furniture box so that the whole sum would be €450,000 (the required amount to get Montenegrin Citizenship).
This is a unique offer since you can live in the purchased apartments all year round. By contrast, other resorts here allow only a limited-time stay by prior arrangement.
At the same time, if the investor wants to make money and return his investment, he can rent the apartment under the management of the SIRO hotel. This is an effective passive investment strategy; the real estate management team will take care of everything and oversee all the processes.
Kerzner Hotel Group offers to invest from €450,000 in luxury apartments, which gives the right to obtain a passport of Montenegro.
Note! A property value is slightly different from the minimum investment amount under the citizenship program. This proves the reliability of this project, which meets the demands of the real estate market.
If you buy an apartment for less than €450,000, the developer will offer to purchase a furniture box and a parking space to match the cost of the citizenship program.
The investor gets a Montenegrin passport after paying a non-refundable contribution to the state fund of €100,000. The time of processing — 2-6 months.
An object of the purchase: apartments
Required investment amount: €450,000
An opening date: 2023
Resale: possible. Citizenship is retained
A yield: ≈5%
Living: all year-round
The issuance of a passport: Boka Place is approved by the Government of Montenegro to participate in the Citizenship-by-Investment Program
Additional costs: state fees for registration of citizenship
Recurring costs: annual property tax — 0,44% from property cost, according to the local cadastral office. Rental management costs — from 44 to 48 euros per year per square meter (twice as low as in other residences of Porto Montenegro)
This exclusive marina and yachting paradise is all you need to meet your needs and desires. This complex was built with the participation of the legendary Rothschild billionaires Bernard Arnault and Sandor Damiani. Besides, Tivat boasts the largest marina for superyachts in the Mediterranean.
Entertainment: Fashion shows, musical concerts, wine tasting, luxury brands — life in Porto Montenegro is indefatigable. This is the only place in Montenegro where Rolex, Gucci, Lamborghini, Cartier, Celine, Dior, Dolce & Gabanna, Kenzo, Victoria Beckham are presented.
Hobby: From the very beginning, Porto Montenegro was built as a world-class marina for superyachts. The port of Tivat is considered to be a jewel of the Adriatic Coast. It‘s also one of the best in the Mediterranean. Besides, this is the only superyacht marina that offers tax-free summer and winter berths in Montenegro (for example, France taxes a fee for this service).
Community: Join a premium multicultural, active community of freedom-unlockers, which offers various privileges to its members and holds closed events where people can meet and get acquainted in an informal setting.
In addition to this, Porto Montenegro Yacht Club (PMYC) is superior to the best yacht clubs in the world. Club members have access to the VIP gym, sports and tennis clubs, 64-meter outdoor pool, lounge area, Platinum nightclub, and much more.
Education: The world-famous brand Knightsbridge Schools International has opened a school in Porto Montenegro, which offers an internationally recognized Bachelor‘s Degree Program. Children and adolescents from 3 to 19 years old are accepted.
Boka Place is the only option to obtain Montenegrin Citizenship-by-Investment in the already finished residential complex.
There was no rush to create this neighborhood. And it was not built specifically for the citizenship program as it happens in other countries.
So, what are you waiting for? Migronis is your licensed agent, which has been helping to obtain Citizenship- and Residency-by-Investment in 20+ countries around the world.
We’d like to hear from you!
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