Swissotel Luxury Studio Apartment

Hotel studio apartment, completely furnished according to the hotel standards, in the Arnica building, managed by Swissotel Resort.

The apartment measures a total of 27,4 m2 and consists of a living room with a dining area and kitchen, a sleeping area, a bathroom, and a terrace with a ski slope view.

Future owners will have restaurants and a SPA center at their disposal within the building Yarrow.

The K16 resort covers an area of ​​270,000 m2 and is located on the northern slopes of the Bjelasica mountain at an altitude of 1600 m. Completion of the first phase, the Arnica and Yarrow residences, which will be managed by Swissotel Resort, is planned for winter 2023/2024.

Resort K16 will be the first ski-in/ski-out concept in Montenegro. It will consist of two zones of high-class hotels and apartments and a zone of exclusive mountain houses, typical for the northern region of Montenegro. All units within the hotel zones will be managed by the hotel.

The resort is located right next to the ski slope, only 12 km from the center of Kolasin and 60 km from the capital Podgorica, which can be reached by highway. The nearest National Park Biogradska Gora is 30 km away, and the nearest airport in Podgorica is 73 km away.

At 614 € per m² this listing sits about 89% below the median for Kolašin, which stands at 5,445 € per m² across the 8 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 8 properties in Kolašin, running from €168,289 to €550,000; by price this one ranks 8 of 8. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €168,289 for 274 m², transfer tax comes to €5,414 — an effective 3.2%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 3 other for sale listings, asking between €213,273 and €292,300, with a median of €251,000. At €168,289 for 274 m² this one ranks 4 of 4 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.