Commercial real estate in Kolasin, Montenegro

Object ID on company website:
€ 250 000

The Westin Ski Resort Kolašin will feature deluxe guestrooms, villa, presidential suit and deluxe suites.
It is located in stone throwing distance of the ski lifts. Guests enjoy modern local Mediterranean and international cuisine at the Restaurant, and cocktails and light meals at The Sky Bar, Lounge and Room. Hot and cold breakfast options are served in the Sky Lounge. The hotel has a fitness facility and also offering a business centre and meeting rooms with audio-visual equipment.
Other Services like Spa and swimming pool for guest to relax and enjoy a drink at the poolside bar, after a full day ski and outdoor activities.
Property manager: York Hotels & Reports under the franchise of Marriott International
Property owner: Kolasin Resort & SPA
Location: Kolasin town, which is in the northern part of the country. The development is located on the Ski Center 1450, just few meters away from the ski slopes
Investment option: fractional ownership (shares in the asset are sold to individual shareholders who share the benefits of the asset)
Investment capacity: the total number of investors in this project is 240. The project has already secured financing and it can be developed without the funds that the applicants under the program are expected to invest. Applicants who invest in the project will deposit their investment in an escrow account managed by independent auditors. It is estimated that investors will get an annual return of 4% on their investment after the project is operational.
The investment must be kept for a period of 5 years as of the date of signing of the sale agreement for the property.
About company
Natalia Hanayli
Natalia Hanayli
Real Estate Advisor
Westhill Property
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