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Boka Place in Tivat

Name: Sales in Boka Place started!
Start: 2021-10-29T07:02:14.587181+00:00
End: 2023-12-31T23:59:59+0000
Location: Boka Place

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Project info

Object ID: 15437

Finished at	July 2023
Price, m²	From 4925$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	8
Apartments	213
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

221,625$

Net profit

6,783$

Payback period

24.6 years

Avg property value increase per year

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About the project

Boka Place is a new urban quarter in Porto Montenegro built with conviviality and wellness at its core. Here, the spirit of community is underpinned by a collective desire to live an active lifestyle among great friends in a warm coastal setting. 1. With busy shops and cafés, world’s first hotel SIRO – immersive lifestyle experiences by Kerzner International, green outdoor spaces and new discoveries at every turn, this is a place where children play, revellers meet and laughter flows.

At the heart of Boka Place are bright and spacious residences designed to revitalise mind, body and soul. Choose from a range of SIRO-managed residences or private residences, all offering a fresh perspective on affordable luxury living.

With open architecture designed to maximise natural light and create a tranquil atmosphere with interiors designed to revitalise, the private residences have been masterfully designed using modern details to provide a fresh perspective on luxury living. These properties offer a more intimate setting for those looking to belong to a close-knit community within Porto Montenegro.

All SIRO-managed residences qualify for the Citizenship by Investment programme. Properties range from studio apartments to three-bedroom duplexes and penthouses, between 45m2 and 170m2. The homes are decorated as standard with beautiful clean lines, neutral tones and a minimalist aesthetic to create an optimal environment for holistic wellbeing.