3 bedroom villa

Terra Homes is an International Award Winning  luxury boutique development in Kolasin, Montenegro, recently claiming three distinct awards in architecture and most notably

                                                                   " Best Sustainable Residential Development in Montenegro"

Terra Homes is a small development of eight two to three bedroom villas, designed with sustainability in mind whilst not sacrificing luxury or style.Eco construction materials and local natural stone are used, working in collaboration with high-performance glass, energy saving insulation, underfloor heating and solar panels which are all utilised to make the villas more energy efficient. 

The striking design of the villas sit peacefully within the landscape, with dense local planting to cherish the natural landscape. A river runs below striking in its clear water. The villas embrace and cherish the natural environment whilst celebrating it within their unique design. The villas each have private saunas, a private terrace with a Jacuzzi and windows which frame the view creating a place to reflect.

The proportions of the rooms celebrate both light and space, whilst benefiting from each opening onto the outside terrace. The design finish is exemplary, whilst contemporary in its detailing and muted to follow natures lead.

The three bedroom design, offers ample space for a family or a group stay, whilst equally the additional room can be used as a home office for a hybrid worker.

Kolasin is both vibrant and peaceful and ideal for the active adventurous spirit offering;ski trails, hiking, canyoning, jeep or quad safari, mountain biking, climbing, rafting, whilst access to the coastline offers kite surfing. There are also yoga retreats for those with a quieter mindset. Terra Homes are ideal for those wanting to invest in Montenegro, whilst not damaging the environment, a location of " magical contrasts" and outstanding natural beauty.

Montenegro is easily accessible from all major European cities and destinations, it is focusing on the five star tourism. It is becoming a good destination for investors, with a potential for a good return on an investment; a favorable tax system, good rental yield and a temporary residence permit, permanent residency can be applied for after five years to live in a safe and welcoming country.

Property management is available with an anticipated rental yield of 6-8%.

• Favorable Tax Environment: Montenegro boasts a competitive tax system that is particularly attractive to investors:
  • No capital gains tax: This is a significant advantage for investors, as profits from property sales are not taxed.
  • Low property tax: Annual property taxes are generally low, ranging from 0.25% to 1% of the property value.
  • Corporate tax: A flat rate of 9% applies to corporate income, making it attractive for businesses and investment companies.
  • Personal income tax: Individuals also benefit from a flat rate of 9% on their income