Property experts project an Annual rate of return of :
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The newly launched MIMOSA PARK RESORT development is located in Kumbor, a short drive from the historic town of Herceg Novi and within 45 mins drive of Dubrovnik and Tivat airports.
Mimosa Park Resort will be a secured community with a village atmosphere. The architecture of the development will reflect local styles and mediterranean building with a contemporary twist. The resort faces south, enjoying the sun throughout the day and fantastic views over the Bay of Kotor.
The apartments will have a 10 year warranty from the builders.
Over the 14,000m2 site will be 36 buildings with a variety of 1, 2 and 3 bed apartments and penthouses. The apartments will be finished to a very high specification with spacious open plan living areas, large balconies and roof terraces and gardens for those on the ground floor. Each apartment will have a fully fitted kitchen, bathroom and will include air conditioning. Furniture packs will be available.
The on site facilities to the development will include an indoor pool and leisure area, as well as outdoor pools and an onsite café. There will be extensive landscaping of the pedestrian and garden areas around the buildings. The site includes underground garages with each apartment allotted a space in the sales price. On site security, management and maintenance services will be provided for an annual fee.
The on site facilities and management mean that this development will offer rental accommodation all year round. The developers are confident that Mimosa Park Resort will provide excellent returns both in capital investment and rental income.
