In just a few hours, at 1 p.m. ET, the new Real Estate Trend Alert members-only deal opens…
This will be members’ chance to own best-in-class real estate in the stunning, amenity-rich community of Royal Town Kotor in Montenegro at truly unbelievable pricing.
I’m predicting gains of €201,643 five years after delivery on this insane, off-market deal.
Time is ticking if you want to get in…
To get in on this deal, you need to be a RETA member. You can learn more and join RETA here now.
This is an incredible and rare opportunity to own on Europe’s new Riviera, the continent’s hidden bastion of the ultra-rich where luxury homes sell for millions…
Designed in the style of a Tuscan palace, Royal Town Kotor will offer you and your renters the quintessential Mediterranean lifestyle. Rent short term and I think gross yields of 16% are reasonable to expect. Get all the details here, but you’ll need to move fast. This deal opens at 1 p.m. ET today…
Over the past week, in advance of our deal opening today, we’ve been exploring the stunning and under-the-radar transformation of Montenegro into a new Riviera for the 21st century.
We’ve highlighted how it’s emerged as a celebrity vacation destination that welcomes the likes of Madonna, Michael Jordan, Brad Pitt, David Beckham, Angelina Jolie…
We’ve shared that some of them like it so much that they’ve bought real estate, like Michael Douglas and Catherine Zeta-Jones, who reportedly own a villa here.
We’ve noted all the billionaires who’ve parked their superyachts in Montenegro’s ultra-high-end marinas, from American motorsport magnate Roger Penske to Russian oligarchs like Roman Abramovich (former owner of Chelsea soccer club) to the Saudi royal family.
And we’ve discussed how development is now rolling down from immensely popular Croatia into the Bay of Kotor area, creating an incredible opportunity (more details here)…
Today, I want to spotlight the kinds of luxury homes that the ultra-rich and celebrities are snapping up in Kotor…
Kotor is a playground of the ultra-rich, who come for its stunning coastline, sheltered ultra-modern marinas, and rich history and culture.
The Bay of Kotor is the most famous destination in Montenegro and the closest to Croatia. Kotor is in fact three bays winding together with historic towns and luxury marinas nestled at the foot of dramatic mountains.
This is where everyone wants to visit and to own in Montenegro. (It’s also the location of our RETA members-only deal opening in just a few hours.)
Premium real estate around the Bay of Kotor lists for well into the millions of euro, particularly if it has views of the bay.
Here’s an example…
This four-bed, five-bath villa is frontline to the sea and comes with its own pontoon. It’s very large, spanning more than 4,500 square feet across three floors. And it has a swimming pool, two-car garage, and jacuzzi. It’s listed for €5.5 million.
This newbuild villa is less than three miles from Kotor Old Town and has its own pontoon. It’s priced at €5.5 million. That’s almost $6 million! Listing here.
There are plenty of new homes like this scattered around the bay built with the ultra-rich in mind…
This five-bed, four-bath home spans 4,500 squares feet and also offers views of the bay from its more elevated position.
It comes with a lap pool and garage with enough space for five cars. It’s a stunning home, but the price tag is a whopping €2.75 million.
This spacious sea-view villa will set you back €2.75 million, or more than $3 million. (Listing here.)
As the Bay of Kotor increasingly attracts the ultra-rich, the world’s leading brands are rushing to build branded residences and resorts in the area.
One of the major projects under development is the 5-star Movenpick Hotel and Residences resort by the Accor Hotels group. Price tags in this community are mind-blowing…even for small condos.
Here’s an example…
This two-bed, two-bath spans around 950 square feet. Ownership comes with access to the resort amenities, including a water sports complex, jetty, gym, restaurants, and more. The price preconstruction is €727,379.
This developer render shows plans for the Movenpick beach resort and branded residences in the Bay of Kotor. This is just one of the major branded residences projects here targeting the ultra-rich…
The apartment above may cost close to three-quarters of a million euros, but it’s among the more affordable in the community.
If you want something bigger with views of the water, be prepared to pay much, much more.
This three-bed is vast, spanning almost 2,000 square feet, and it has views out to the bay. The price tag: an eye-watering: €1.95 million.
That’s a lot less than you’d pay in the French Riviera or Monaco for something on the water, but it’s still a massive €980 per square foot!
A three-bed with sea views in the Movenpick community will set you back a massive €1.95 million. Listing here.
Even for older real estate in existing communities, prices are very high…
This four-bed, four-bath villa has sea views and is built in a Mediterranean style. It’s large, set over around 2,500 square feet. And the complex where it’s located has a seawater swimming pool, tennis court, and gym. But frankly, some aspects of the home are a little dated, like the kitchen, and need updating. The price tag: €850,000.
This older villa has sea views and a garage, but it will set you back €850,000. That’s around $925,000. Listing here.
Even historic homes are listing for insane sums in and around Kotor, especially if they’re on the water or have sea views and thus have development potential.
Here’s an example of what I mean…
This 2,260-square-foot house is on the seafront in the town of Pracnj in Kotor Bay. It’s a traditional stone house and has a mooring in front, but it’s in need of virtually complete renovation and restoration work.
It’s listed at €2.1 million.
This fixer-upper is by no means glamorous and you’d need to invest serious funds into renovating it. Still it’s listed for more than €2 million.
Scour the listings around the Bay of Kotor and put boots on the ground as my team and I have done over the years and you’ll see scores more listings like these, from new branded residences to large historic homes in various states of repair.
The one thing they share in common: big price tags.
It all points to the opportunity in Kotor…
Right now, development is ignoring the growing numbers of “ordinary rich” who are discovering Montenegro.
These folks want real estate with resort-level amenities and in a great location, but not at prices that break the bank. But because land is scare due to the geography of the bay, and development is focused on the ultra-high-end, there’s a serious shortage of this kind of real estate…
Yet thanks to the extensive boots on the ground scouting and collective buying power of my Real Estate Trend Alert team, RETA members are about to get the chance to buy the exact kind of real estate that the ordinary rich want…but at prices that are truly unbelievable.
A view from one of the RETA-only condos as envisaged by the developer. (Renders shouldn’t be considered final, but give you a great idea.) To get the full details on this opportunity, go here now.
This deal opens later today…in just a few hours, in fact, at 1 p.m. ET.
When it does…
- RETA members can own stunning two-bed condos from a RETA-only €348,356. I expect these will be worth €550,000 five years after delivery. That’s a gain of €201,643.
- Members also have stylish one-bed pied-à-terre apartments with sea views from a crazy, RETA-only €193,013. I expect these will be worth €304,735 five years after delivery. That’s a gain of €111,722.
- And finally, we have two extremely large and luxurious three-bed condos at RETA-only prices of €636,258 and €667,652.
- All these condos are fabulous RETA-grade deals. (Full details in my briefing here.)
There’s nothing like this deal in Kotor, nothing at the insanely low RETA-only prices…
To underline what an incredible deal this is, here’s what the developer has planned after my RETA group gets in first at our exclusive, off-market pricing…
- Within 10 weeks of the RETA launch the developer’s planning a 15% increase on the RETA pricing.
- Within a year of the RETA launch it’s a 30% increase on the RETA prices.
- All told over the build period the developer plans a 70% increase on the RETA pricing.
This deal opens at 1 p.m. ET. You need to be ready to act…
To get in this deal, you can learn more and join RETA here now.
Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert
P.S. Ownership in our community not only comes with incredible amenities like a sea-view infinity pool, gym, yoga and Pilates studio, entertainment room and kids club, and fire pit, you also get access to a beach club with a shuttle to take you there…
Your beach club…this is an incredible benefit to have both for you and your renters. Just imagine this in an Airbnb listing! Along with your other resort-style amenities and ideal location it’s a big reason I think projected 16% gross yields renting short term are very reasonable. All the details are here.
Your Daily Dream Home
Bussiere-Badil, Dordogne, France
This charming two-bedroom semi-detached stone house features a spacious kitchen/diner with a wood-burner, a living room with garden access, and an ensuite bedroom.
A wooden staircase leads to the first floor which houses a bathroom and a second bedroom.
Outside, there’s a private, enclosed garden with a small stone terrace. The house was renovated between 2011-2017 and the work included a new roof.
Located in a quiet hamlet, the property is near local amenities including a bar, restaurant, baker, butcher, small supermarket, and medical office.
The property is in the Dordogne region of France, an area known for its lush forests and rolling hills, picturesque medieval villages, and prehistoric cave paintings. It’s also famous for its food and drink including truffles, foie gras and for excellent wines.
