Boka Place

Boka Place – An investment that pays off

Boka Place presents a rare chance to create an easygoing yet elegant lifestyle, become part of the vibrant and welcoming community that’s already well established in Porto Montenegro, and make a sound investment.

Due to be completed in 2023, this lively, top-of-the-line urban neighbourhood has been designed for year-round living, with a focus on wellbeing and fitness. It features a wide variety of residences, high-quality retail outlets, extravagant eateries, a new flagship SIRO hotel, and a plethora of entertaining activities for families, couples and friends. With its distinctive style and privileged position, Boka Place also presents an excellent investment opportunity, in terms of both capital appreciation and the option to benefit from a well-established and proven rental management programme.

Owned by the Investment Corporation of Dubai (ICD), whose portfolio includes Emirates airline, One & Only Resorts and Emaar Properties, Porto Montenegro has established itself as the premier real estate investment opportunity in the region, with a track record of delivering strong returns to investors. Construction of its latest project, Boka Place, began in September 2020 and, despite the challenges brought by the global pandemic, remains on track for completion in 2023.

Qualifying residential development

Boka Place will feature a total of 213 residences, including studios, one-, two-, and three-bedroom apartments and penthouses, and two- and three-bedroom duplexes. Buyers may choose from a range of SIRO-managed residences or purchase their own private units, with property prices starting from €190,000.

As a valuable added dimension to investment in one of the 144 SIRO-managed residences, homeowners are eligible for lifetime citizenship under Montenegro's Citizenship by Investment Program (MCIP) – a government policy that will come to an end on the final day of 2021. As well as their new Montenegrin passport, offering visa-free access to 124 countries, owners of SIRO-managed residences will benefit from 5-star hotel services and the hotel’s world-class fitness facilities and wellness centre, In the past 12 months, more than 50 per cent of the SIRO-managed residences have already been purchased or reserved.

A compelling investment, residence in a tourism-driven economy with one of Europe's most favorable tax regimes and, for those who qualify, a strong passport, are just some of the benefits you can get by investing in Porto Montenegro's Boka Place.

Aside from the Mediterranean climate and allure of the Porto Montenegro village, a number of other factors are at play in making Boka Place an excellent choice for investors. Not only can buyers now qualify to become Montenegrin citizens, they can do so with or without relocation requirements, catering just as well to those in search of a second home in the sun whilst securing return on investment through a series of bespoke rental management programmes.

For only 450,000 EUR investment in real estate and a 100,000 EUR government fund donation towards the country’s infrastructure, investors can enjoy the prospect of a lovely new home coupled with a new passport in as little as six months.

At a Glance

Investing in Boka Place brings not only an exceptional opportunity to yield financial return, but also entitles buyers to access a one-of-a-kind community within a well-established residential village:

• Development planned to offer extraordinary added value for buyers
• Multi-functional residential, leisure, retail and hospitality amenities
• Accompanying infrastructure, such as international school, clinic and business hubs
• Situated in an esteemed superyacht and residential community with international flair
• Exceptional waterfront location in the country’s tourism hotspot – the Bay of Kotor
• Well-established, state-of the art infrastructure and town centre location
• Cultural, natural and tourism amenities on the doorstep
• Proximity to 3 international airports and Mediterranean cruising grounds
• An investment with proven track record and extraordinary long-term rental, re-sale and growth potential

To find out more about Montenegrin Citizenship by Investment Programme and investment opportunities at Boka Place, contact us today.