RESIDENTIAL PROPERTY HERCEG NOVI, MONTENEGRO FOR SALE. 4 LEVELS 522 m 2 GARAGE GARDEN SWIMMING POOL

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1 RESIDENTIAL PROPERTY FOR SALE HERCEG NOVI, MONTENEGRO 4 LEVELS 522 m 2 GARAGE GARDEN SWIMMING POOL

2 Montenegro Montenegro is a sovereign state in Southeastern Europe. It has a coast on the Adriatic Sea to the southwest and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast, Kosovo to the east, and Albania to the southeast. Its capital and largest city is Podgorica, while Cetinje is designated as the Old Royal Capital. Classified by the World Bank as an upper middle-income country, Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe and the Central European Free Trade Agreement, and a founding member of the Union for the Mediterranean. Montenegro uses the euro as its domestic currency, though it is not an official member of the euro zone. The government recognizes the need to remove impediments in order to remain competitive and open the economy to foreign investors. Net foreign direct investment in 2016 reached 755 million USD and investment per capita is one of the highest in Europe. Montenegro has both a picturesque coast and a mountainous northern region. The Montenegrin Adriatic coast is 295 km long, with 72 km of beaches, and with many well-preserved ancient old towns. Nowhere else can you find so much natural beauty, mild beaches, clear lakes, fast rivers and gorgeous mountains in such a compact area as in Montenegro.

3 Herceg Novi Herceg Novi is a coastal town in Montenegro located at the entrance to the Bay of Kotor and at the foot of Mount Orjen. It is the administrative center of the Herceg Novi Municipality with around 33,000 inhabitants. The Herceg Novi old town is amazing. It is on a fairly steep hill that leads all the way down to the sea. Wandering through the small stairways to the various plazas and fortresses is a many hour adventure. There are both Orthodox and Catholic churches that are well worth visiting. The city has some great pebble and many concrete beaches. There is a path that leads along the beach part of the city for about 5 km. At the western end of the promenade is a small spa town of Igalo, renowned across Europe for healing properties of its muddy, mildly radioactive sand. A health and hospital center complex offers mud therapy combined with other treatments. This is believed to be beneficial for rheumatic complaints, skin disorders, and gynecological problems. Along the promenade, the main square in the Old Town, and almost everywhere else around town, there are about hundred small cafes with tables conveniently positioned for this popular local pastime. All serve good coffee (Italian style) and many also offer a selection of freshly made and delicious cakes and ice creams.

4 Residential Property Property is located in exclusive part of Herceg Novi, at Topla II neighborhood, fifteen-minute walk from old city center and seaside promenade and beaches. Extraordinarily built, lavishly furnished and equipped, with beautiful garden and swimming pool, offering astonishing unobstructed views, this property offers supreme living satisfaction.

5 Allocations Villa occupies 402 m 2 of living space spread on three levels, basement utility area, with a 120 m 2 attached garage, 350 m 2 garden and 40 m 2 swimming pool. Ground Floor Living room with fireplace, Dining room, Kitchen, Bedroom, Bathroom 1 st Floor Two separate units, each with Bedroom, Walk-in closet, Bathroom and large shared Terrace 2 nd Floor Large Studio apartment, Walk-in closet, Bathroom with jacuzzi and bathtub, large Terrace Attached Garage Basement Laundry room, Cupboard, Utility room for boiler tank and water pump Garden Swimming Pool

6 Villa Surrounded by high walls for privacy, the property faces south, towards the sea and is under the sunlight throughout the whole day. Every level offers beautiful and unobstructed view of Boka Kotorska Bay and Prevlaka Peninsula. Some 800 m around, you can find numerous retail stores, magazines, fitness center, health center and more. Villa is equipped with solar powered water heating system with 500 l boiler tank and ground mounted high quality airconditioning units. The house walls are built in three layers - reinforced concrete, glass wool insulation and clay brick, with chipped stone facade. Joinery is made from PVC, colored in oak wood, with windows double glass layers insulated by argon gas. Floors are made from oak wood, cm in length. All bathrooms are equipped with floor heating system and top quality Italian ceramic tiles and sanitary utilities.

7 Leasing IVASTEFAN RETAIL CONSULTING LTD 7, OHRIDSKA STR., BELGRADE, SERBIA web presentation: CONTACT Aleksandar Vukovic