1st Floor Studio Apartment In The “Mini Condos House”

1st floor studio apartment located in the “Mini Condos House”, in Kavac Montenegro. The new Mini Condos complex will be part of the “My Tiny House – The Groves” development.
This first-floor studio enjoys an elevated position with views over the surrounding olive groves and pine trees forest. Smart design makes this concept the idea property for short or long stays. Check out Mini Condos listings on Airbnb to see more interiors of already built Mini Condos Studios. Also read reviews of past guests who have enjoyed the coolness of the concept!

Features Of The First Floor Mini Condos Studio
This studio consists of c. 20m2 internal space, with the sleeping area conveniently located in the mezzanine of c. 10m2. Modern interiors with a fully equipped bathroom and built-in storage under the stairs optimise the space greatly. The large French windows with Juliet balconies allow to open up the space to the beautiful nature around. Optional Kitchen and Furniture packs are available to make your property ready-to-move-in upon delivery.

Outdoors, shared facilities include gardens, veggies garden, swimming pool, bbq area. Find out more about the My Tiny House & Mini Condos The Groves location here!

 
Prices & Payment Plans Of The First-Floor Mini Condos Studio
At Mini Condos, we offer many different payment-plans to suit each buyer’s needs.

Standard Price
The standard price, which applies for a payment plan that follows the progression of the works, is for this unit: 99.000€

Cash Price
The cash price, with 10% discount from the Standard Price, applies when the full payment is done upfront. The cash price for this unit is: 89.100€

Long-Term Payment Plans
Payment plans are available up to 5 years. For example, for this unit, a payment plan over 6 months means a deposit of 39.600€ and 60 monthly payments of 1.980€. These plans are flexible, and you can reduce the monthly instalment with a larger initial downpayment.

Escrow Account Payment
For those who wish to deposit the funds into a Notary Account (“escrow account”) there are two options. One with funds released as the works progress (Standard price +20%), the other with the release of funds upon handover of the property (Standard price +30%).

Tailor-Made Payment Plans
We can adapt to each specific situation, so do not hesitate to contact us with details of your repayment capacities and we will do our best to meet your needs.

Special Guaranteed Rental Income Programs For The First-Floor Mini Condos Studio
 
Standard Leaseback Program
With the Standard Leaseback Program, we (the seller) become your tenant, and pay you a regular rent, from the moment you have paid at least 70% of the price of the unit at a 4% p.a. rate. For example, a property bought at the standard price of 99.000€, you will receive a regular monthly rent of 330€ no matter if the property is rented or not, as contingencies are transferred to us. If you decide to pay the property “cash”, then you will start receiving rents even before the property is delivered.

Leaseback-Cashback Program
With the Special Leaseback-Cashback Program, we (the seller) become your tenant, and pay you the rental income for the entire contracted lease period (from 3 to 10 years) at a 3% p.a. rate. For example, a property bought at the cash price of 89.100€, with a 10-year Leaseback-Cashback Program, you will receive a cashback of 26.730€ reducing your initial investment to 62.370€ only.

Looking For Something Bigger Than The First-Floor Mini Condos Studio?
In the same residence, we have one-bedroom penthouses, two-bedroom penthouses, and houses from 50 to 120m2. If the sea view is a must for you, then check our “My Tiny House – The Springs” location.

 
Get In Touch!
Get in touch soon, to secure your own Studio! We usually sell all studio units off-plan in the pre-development phase, so act fast !