“At the birth of our planet, the most beautiful encounter between the land
and the sea must have happened at the coast of Montenegro.”
Lord Byron

Jaz Beach Private Residences is a unique opportunity to own your own piece of quiet solitude near Montenegro’s most popular beach destination and a 5 minute drive from Montenegro’s most vibrant city -- Budva
The development is an extremely high quality German built estate that will guarantee the quality of life that you deserve, without any of the ‘local’ headaches

The Private Residences are exceptionally affordable and thus offer very high capital appreciation and rental yields
All residences will feature large terraces, some with unobstructed views of the sea, all of the beautiful surrounding mountains, in addition to a private pool, immaculately landscaped grounds and private secure parking

Jaz Beach Private Residences is a unique and prestigious estate consisting of only 16 apartments built to the highest specifications.
Budva has become the tourist destination of choice and this is driving up property values in the surrounding area
Jaz Beach Private Residences is a mere 5 minute drive from the shopping and attractions of Budva, but a world
away for your peace and quiet. Only 10 minutes from Tivat airport and the future golf course

Specifications:
All apartments will be finished to the highest quality standards, including:
- Fully fitted, custom kitchens built and made in Germany
- Fully fitted bathrooms
- Quality Spanish tile floors
- All apartments fully heated/air conditioned
Additional services are gladly provided, including:
- Assistance with key-holding, rental change over and cleaning for owners wishing to rent their apartments
- Full furnishing packages

Engineering Standards:
- Foundation – 1.2m thick steel reinforced concrete, walls and foundation steel reinforcement according to engineered calculations, outside walls fully insulated
- Floors & Walls – 18cm full concrete floors/ceilings with double reinforced steel plus 4cm self leveling concrete, fully heat and hydro insulated, Ceiling height 2.70m, Double cell/thermal insulated brick, Spanish tile floors
- Roof – Ceramic tile and full zinc eave troughs
- Inside walls – Smooth gypsum/plaster finish, professionally painted
- Windows – Double glaze insulated glass, thermal insulated, white PVC
- Outside Doors – PVC, multi-lock, security doors
- Inside Doors – High quality Slovenian wood doors
- Electric – Quality switch boxes and thick gauge wire (1.5 & 2.5)
- Bathroom – High quality ceramics & faucets, in-wall/fitted flush toilets (Geberit system)
- Kitchen – Fully fitted, custom Nobilia kitchens, made in Germany, dishwasher ready
- Climate control – Every bedroom and living room, heating and air conditioning
- TV, Telephone, Satellite – full hook ups in living room
- Gardens – Professionally designed and landscaped, full outside security wall & front gate
- Pool – Steel reinforced concrete, double water proofed, Spanish mosaic tile, Quality French pump & filter system
- Parking – Personal & individual

Montenegro is the fastest growing tourist destination in the World (World Tourism and Trade Council)
How the Mediterranean used to be. Strict controls on construction, architecture and coastal usage ensure that it will stay this way
Dramatic terrain: 293km Coast, 73km sand, 2nd deepest canyon in the world, largest lake in the Balkans, Mediterranean’s only fjord, 1 of only 2 jungles in Europe, 240 days of sunshine, ski in the morning, swim in the afternoon UNESCO World Heritage Cultural and Ecological protected Commitment to the environment: Declared an Ecological State in 1991 On track to join the EU; Europe’s best property convergence play
Euro is the official currency, offering stability and a very positive foreign currency investment compared to other emerging eastern Europe, non-EU countries, who transact on the basis of USD
Peter Munk will begin construction of the only exclusive marina on the coast, investing €600mln, beginning fall 2007

Only 25km from Dubrovnik and the prices are half as expensive. Property values have begun a stage of fast appreciation and the economy & political situation have stabilized …
now is the time to invest
€/m2, avg. 2005 2006 2007 2008f
Residential 1550 2200 3500 4500
There is a very limited supply of land that can be developed due to the very narrow coastal plane and the steep, scenic mountains
There are no restrictions on foreigners buying property in Montenegro
Property rights are well established and the sale process is straight forward. The official property register can verify title for several hundred years
The rarity of well planned and, even more so, well built developments is extreme.
This guarantees your investment return in Jaz Beach Private Residences