Serviced apartments refer to fully furnished properties that are available for both short or long-term let. They offer facilities much like a traditional hotel but with added space, convenience, and privacy like home, so the guest can enjoy living like a local when traveling – and usually at a much lower cost. To put it simply, our investors purchase the property, and we run a service model on it for them. With the relationships we’ve formed over the last years and through our subsidiaries, we will effectively market their apartment for them and maintain and service it.
What is a serviced apartment?
High Rental Income
We have developed a rental model where our investors can gain EURO based annual rental income average of 9.25% if they decide to join our model and rent their properties when they’re not using them.
Easy Payment Plan
We provide long-term, flexible customized payment plans with 0% interest and catchy prices for early birds, and our project offers apartments of various sizes and price ranges to make sure everyone finds what best suits their investment budget.
Serviced Apartment Concept
We offer other benefits, including a better tenant profile, an easier exit strategy, and the guarantee that their apartment will generally be kept in a good condition.
Residence & Work Permit
A foreign citizen can obtain a residence permit in Montenegro based on a property purchase or work permit. Our experts will advise you on the best option for you, and we will manage all the processes and formalities on your behalf.
From the investors’ point of view, they don’t have to get involved in all of that. Serviced flats can be very profitable for investors, but there are some key things to consider when it comes to the management of that kind of property, and it’s important to choose the right letting agent.
