With almost 30 years of international experience in the fields of planning and contracting of residential developments throughout London, as well as several years of experience in real estate sales along the coast of Montenegro, Milić has dedicated the last six years revitalizing old stone houses in Krtola and Luštica. Read more
Recognizing the potential of neglected stone ruins, Milić has managed to raise awareness of such developments, and engage the local communities in his efforts to attract discerning and loyal visitors, tourists, artists, creatives and entrepreneurs.
MADA studio has been actively working with stone houses and ruins for over five years, each time challenging the existing context from scratch. The identified potential translates into ideas through unexpected architectural solutions and program initiatives. Read more
As part of the UPHILL project, the role of MADA studio is somewhat new, but not unexpected, since its members / founders are loud advocates of changing / raising the role of the architect to the level of entrepreneur (archipreneur). This novelty positively affects the entire team as well as the overall experience of working on a project and its realization.
OBRO doo is a family enterprise with almost 30 years of experience in the fields of investment and construction of residential buildings along the coast of Montenegro. The company is characterized by stable investments, high-quality construction and business adaptability. Several years ago, the company has expanded its activities to Belgrade, where it successfully invests and builds residential complexes in the Serbian capital’s elite locations.
Montenegro has established itself as a safe haven for foreign direct investments and a business-friendly environment characterized by political stability, low taxes, minimal state inference and a simple legal framework. Buying and registering property in Montenegro is easy, and we will help you every step of the way.
Your new home comes with a full service and management agreement, which includes all landscaped exteriors tended, and property interiors redecorated for the first two years. All the construction elements, finishes and other building features are also covered by warranty for the first two years.
We strongly advocate the idea of site-specific and user-oriented architecture, thus you will be welcome, to a certain degree, to adjust the layout, and shape the look of the interior according to your specific needs and future plans. You will be advised by our team of experts in both interior design and project management.
The UPHILL development has obtained all required legal documents and permits, which are available for viewing upon request. All legal aspects of the purchase transaction are now handled by Notaries in Montenegro, and there is no longer an obligation to hire a lawyer, unless you wish to do so. You may, therefore, appoint the Notary in charge of the notarization of the sale to proceed with the usual background checks, such as providing an insight into the land registry records on the day of signing of the final contract in order to ensure there are no liens on or other ownership issues with the property that is subject to sale. Notaries’ fees are regulated by law and can be found online on the website of the Chamber of Notaries of Montenegro.
Yes - we are very proud of our building practice so far. We have already applied for the USGBC green certificate LEED v4.1 and will maintain the level of our responsibility towards the local community and the environment. For instance, the entire stone facade has been made from large stone blocks found on site, thus we have made a big effort and investment to lower the environmental impact as much as possible.
Detailed design documentation will be compiled once all of the equipment, finishing work and features have been arranged with the Buyer. In the UPHILL brochure, you will find an informational chart with proposed specs – the brochure is available upon request.
The property has already been the subject of a first transfer of ownership, thus there is no VAT, but only a regular 3% Property Transfer Tax that is to be covered by the Buyer. If you decide to resell the property, the next buyer will also be liable for this tax.
Yes, everything starts with a 5% reservation fee after which you are required to sign a contract with UPHILL LLC based on detailed arrangements and specifications in the meantime. Further on, there will be three more installments - the first (55%) following the signing of the contract, the second (30%) following the completion of all of the construction and installation works and the final installment (10%) following the registration of the house in the municipality.
The property is surrounded by greenery on all sides and enjoys a hilltop and rather secluded location.
The final cost includes everything – the purchase of the land plot, all the administrative procedures during the construction phase, construction, furniture and equipment installation. The final price depends on the final arrangement, taking into account the cost of requested furniture and appliances, since the concept is based on the ”turn-key” principle.
Buying and registering property in Montenegro is easy, and we will help you every step of the way.
Schedule NowThank you for your interest in UPHILL.
Please send us the completed contact form and you will receive a confirmation by email. Our Project Manager and co-investor Mr. Milić Petrić will get in touch with you shortly after to schedule an appointment.
Meštrovići, Montenegro
