Aurora Residences at Porto Montenegro
Porto Montenegro, Tivat, Montenegro
Porto Montenegro, Tivat, Montenegro
P-31422
P-31422
Porto Montenegro, Tivat, Montenegro
Sleek, fully managed studios to lavish en suite 1-3 bedroom apartments and penthouses for sale, all overlooking the superyacht marina at Porto Montenegro.
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0 - 3 Bed | 1 - 3 Bath
From EUR 770,000
Key Details
Porto Montenegro, Tivat, Montenegro
Sleek, fully managed studios to lavish en suite 1-3 bedroom apartments and penthouses for sale, all overlooking the superyacht marina at Porto Montenegro.
Aurora by IVO Residences offer an exquisite collection of waterfront living spaces nestled within the vibrant district of Synchro Yards in Porto Montenegro. Named after Montenegrin explorer Captain Ivo Visin, the property is a five-star take on coastal living.
The 25 residences range from studios (48.02 sqm internal and 4.92 sqm external) to three-bedroom penthouses (up to 346.69 sqm internal and 343.96 sqm external). Owners will, of course, have access to all the hotel amenities and resort facilities, as well as enjoying exclusive access to the Kerzner Homeowner Benefits Program. Premium amenities include a private pool and sundeck, concierge services, beach and fitness club memberships, and in-room hospitality. Aeris owners get a free run of the IVO amenities, too.
Key details:
Embedded within a marine wonderland, the residences offer a serene and secluded haven for those seeking tranquillity amidst the bustling world. The cocooning bedrooms serve as private sanctuaries, enveloping residents in comfort and quietude away from the hustle and bustle outside and the spacious bathrooms continue the theme of well-being. Residents have access to an outdoor swimming pool for leisurely dips surrounded by lush, landscaped gardens. The penthouses boast a rooftop deck complete with a private pool and expansive sun deck terrace, providing the ultimate in luxurious outdoor living.
You will also have direct access to the pristine beachfront, Porto Montenegro's first swimmable beach, perfect for soaking up the Mediterranean sun. Here, sandy beach decks envelop the sprawling infinity pool and saltwater lagoon, offering a versatile space that effortlessly transitions from tranquil yoga sessions at dawn to a lively neon niterie, ushering in cocktail hour.
Situated adjacent to the esteemed Rare Finds' 5-star IVO Hotel, Aurora IVO residents enjoy privileged access to all the hotel's world-class facilities and amenities, from fine dining restaurants to rejuvenating spa services, ensuring a lifestyle of unparalleled luxury and comfort. Just a short stroll away lies the Synchro building itself, a hub of creativity and innovation, offering a diverse array of events, shows, exhibitions, and state-of-the-art creative facilities for residents to explore and engage with.
Homeowners at Synchro Yards will benefit from a range of superb amenities, including an entertainment venue, multiple restaurants, a beach club, and shared workspaces. Porto Montenegro also has plenty to explore from its mega marina to its the lively village centre, brimming with cafes, waterfront restaurants, and upscale boutiques. It is also home to a naval museum with over 300 rare artifacts.
Porto Montenegro is home to a thriving international community representing over 50 nationalities, with more than 440 luxury residences sold out to date. This exciting development also features the five-star Regent Porto Montenegro hotel and over 85 high-end boutiques, bars, and restaurants, creating a truly cosmopolitan destination. The on-site International Baccalaureate Knightsbridge School provides a world-class education, making the village an ideal choice for families seeking both luxury living and quality schooling. The soon-to-be-completed Boka Place district serves as an urban gateway, offering private and hotel-managed residences, including SIRO hotel by Kerzner International, along with green spaces, retail shops, cafes, and art galleries.
Low Taxation
Residents of Montenegro benefit from one of the most favourable tax environments in Europe, with personal, corporate, and capital gains taxation rates of just 0–15% (progressive rate). Inheritance tax is zero-rated, with free transfer of assets to immediate family members, and a progressive transfer tax, starting at 3%, on other property transfers. Explore one of the best residential complexes in Montenegro luxury real estate market and enjoy all the benefits it brings.
Getting there
Porto Montenegro lies on the breathtaking Boka Bay on the northern coast of Montenegro, close to the border with Croatia. Excellent communication links, including three nearby international airports, make it is easily accessible from most major European cities and from destinations further afield.
Porto Montenegro is served by three international airports:
By road, Porto Montenegro is located just off the Adriatic Highway, the main artery between northern Croatia and Greece.
Read full detailsMontenegro
This small country, tucked in below Croatia, has dramatic mountains, superb beaches and medieval architecture. Mingling with ancient remains are monasteries somehow clinging to dramatic rock faces. Understandably Montenegro is seeing continued growth in its tourism figures.
Montenegro is a land of almost impossible natural beauty, the Balkan state of Montenegro is a study in contrasts. Dramatic mountains slope from snowy ski resorts to glittering Adriatic waters. Bears and wolves prowl unspoiled temperate forests. While picturesque villages, fortified towns and romantic islands dot the breathtaking coastline.
A short drive along the coast from Porto Montenegro, Budva is the country’s most visited destination, and is famed for its pulsating nightlife. Lake Skadar, in the country’s interior, is a paradise for nature lovers, particularly birders. While the craggy interior promises undiscovered trails through verdant forests, and some of the continent’s most unspoilt ski slopes.
Kotor
Perhaps the most beautiful area of Montenegro, the Bay of Kotor is believed by many to be the most southerly fjord in the world. It is, in fact, a submerged river canyon. Actually comprised of four bays – Kotor, Risan, Tivat, and Herceg Novi – Kotor is encircled by the striking limestone massifs of the mountains on the southeast and northwest side.
The Venetian architecture, including showstoppers like the Cathedral of St Tryphon, have earned it a UNESCO listing. The south coast has miles of honey sand and warm seas.
Between 1420 and 1797, Kotor was under the rule of the Republic of Venice and you’ll notice a strong Venetian influence in the architecture. There’s plenty of history here, with notable buildings worth a visit including the Watch Tower (Sat Kula), the 12th-century Cathedral of St Tripun, the Church of St Luc, and the 17th-century Prince's Palace.
The Bay of Kotor is full of wonderful restaurants, bars and shops, as well as ancient churches, museums and the medieval fortress, which clings to the rocks above the town. You can also visit The Church of Our Lady on the Rocks, a small island that was created by seamen throwing stones into the sea upon returning from each successful voyage. The Bay of Kotor is a great destination for sailing, allowing you to explore the spectacular coastline from the water.
Porto Montenegro
Porto Montenegro lies on the breathtaking Boka Bay on the northern coast of Montenegro, close to the border with Croatia. Excellent communication links, including three nearby international airports, make it is easily accessible from most major European cities and from destinations further afield.
The best time to visit is in the summer, when the area is dry and warm.
Purchase Process:
Buyers may secure a residence with a nonrefundable reservation deposit of €10,000 or €20,000 (dependent on unit price) and by submitting a signed Reservation Agreement. Upon receipt of the reservation deposit, the residence is reserved in the buyer’s name and the buyer will be sent a Sale and Purchase Agreement detailing the purchase conditions which will also have attached: Plan of the property, condominium and village rules, building permit, payment schedule and technical specification.
The buyer must sign and return the original Sale and Purchase Agreement within 30 days of reservation, at which point the reservation deposit is credited to the first instalment. As per Montenegrin Law, Sale and Purchase Agreement shall be signed in Montenegrin language translated by Court Interpreter in front of local Notary, either in person or via Power of Attorney.
Stage Payments:
Note: There are no restrictions on foreign ownership of real estate in Montenegro. Individuals may purchase property in their own name, in the name of a foreign or domestic company, or in a trust. A 21% VAT is applicable to the purchase of new real estate and 7% on new berths (included in published prices).
Service Charges:
Adriatic Marinas manages the marina village, providing first-class services to yachts, residents, retail tenants and guests. A service charge based on areas occupied in proportion to the total area is levied on residents (commercial and residential).
Outside of the service provision, a sinking fund has also been established for any future repairs. The service charge is between €45-85 per m2, per year for property owners and is subject to adjustments based on the actual cost.
Rental Management:
Private residence owners have the option of renting out their units on a short or long-term basis. Adriatic Marinas will manage the rental process and assist with payment of property taxes and insurance, as well as the management of unoccupied units (fees applicable). To take advantage of the SIRO or IVO rental pool programme, buyers must opt for their homes to be fully fitted and furnished.
Investor And Business Friendly Climate:
Montenegro has one of the lowest corporate, personal and capital gains tax rates in Europe, low entry barriers for new businesses and secure property rights. There is also a 0% tax on inheritance or free of charge transfers to immediate family members, with progressive property tax rate commencing at 3%.
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