We specialize in finding real estate deals by looking across the world for entry-priced luxury properties or land that are undervalued, and have potential for high short-term rental revenue and capital appreciation. We have experience in buying, selling, renovating, managing and renting high-end properties in multiple sought after destinations, including the Swiss Alps, South of France, Costa Rica, the island of Sardinia, Montenegro, or under the blue skies of Florida and Arizona. We focus on places of utmost beauty, what we call Blue Vista Properties. Places where you would dream to own a home and possibly one day retire to. Our goal is to achieve that without spending a fortune, using short term rental and driving positive cash flow. You don’t need to be a multi-millionaire to own an amazing home in the most incredible place. Come with us as we explore locations, develop new projects, walk you through our methodology, and share the learnings along on our journey.
Hello, in light of the many real estate investments we have, we decided to focus ourselves and not be spread across too many projects, especially as we are financing them ourselves. We decided also to put the Zabrdje lot for sale, to get financing for other projects. We have also other ventures that have taken our time, and meant we also had to stagger more some of the projects. We’re still very excited about Montenegro, we just need to postpone somewhat some of the plans. I hope this answers your question.
Yes, somehow when we drove around Sicily it felt so much larger, maybe because the distances between key attractions required much more driving, while within 25 minutes in Sardinia we would have like 10 to 15 different beaches and 1 to 3 towns we could visit. In Sicily we would drive quite a long ways between each area that was highly recommended. So apologies for that mistake.
Yes, some people don’t mind being further from the sea, it really depends on what people are looking for. But I hear you. I personally like also to be within 20min of many beaches.
This lot has sold, but Massimo knows of other lots that are available and that you won’t find on real estate websites, because he personally knows the owners. If you are interested send me an e-mail with the type of land or property you are looking for.
Whilst there may be more affordable areas in Sardinia, the Costa Smeralda in the north is a hyper luxury place with astronomic prices for Real Estate etc, one of the highest in the world 😮
Montenegro is certainly a gem in natural beauty but underneath there are also a number of not so great things such as having a billion $ loan for a bridge going nowhere not producing the income they had hoped for and costs an arm and a leg in maintenance. The prices have gone up considerably and if M. is attracting a lot more investors and people wanting to live here the road system will collapse. Everywhere there are already traffic jams right now. The supermarkets are not great when it comes to organic products and choice but are quite expensive. Also living here you have to learn the language as many Montenegrins don't speak English despite the massive amount of tourism in summer. The summers are extremely hot and there are more and more power outtages.
Hello, thank you for taking the time to leave a comprehensive message. Yes, I agree that it’s not all perfect, and maybe I should do a video about the pros and cons. From a pure investment opportunity, I saw houses for sale in Perast, in a UNESCO heritage city, in stone with terrace and sea view for €350k. My assessment is that house should be worth minimum €1.2M based on market prices and other country comps, with the potential in the future to be worth even more. Within two years similar properties were at €700K, so there was an opportunity the to buy very cheap in a beautiful country. I have purchased in many countries around the world, and the process in Montenegro was one of the smoothest. I like the fact that it’s a small country with a low population. With just over 600k inhabitants, it’s much easier to fix problems if you have a strong revenue from tourism. But I agree roads are an issue, and it is definitely not perfect. That’s also why prices were so low. It’s still possible to find great deals. When I was in Costa Rica 10 years ago telling people to buy in Guiones, where I purchased, many people gave me all the reasons not to buy, prices had gone up, Costa Rica was nice but also had many issues. Those who did buy saw a 3X on their investments. But money is not everything, I actually love going to Montenegro. I have been on holiday with my kids and travelled all over, then multiple other trips, and every time I loved it. I meant amazing people, I felt safe, prices were low. But as you say, limited selection of organic food and overpriced, I just believe this will get fixed over the mid term and will change. That is my experience when you go early on a country where there are still a lot of issues. But it’s risky, what if it does not get better? That is why prices are so much lower. But again, thank you for your comment and for helping to show that it is definitely not all perfect and there are also many not so great things to consider!
@@bluevistaproperties There is no perfect place in the world, they all have their pros and cons. I live in Dubai for 20 years and bought property when everybody said Dxb is finished (2009) and now it has doubled in price. Dubai has no significant nature and the tech crazyness is alarming but on the other hand it is very safe from street crime and has 10 lane highways in top condition all over the country and the supermarkets are as big as all of Tivat city combined (and cheaper!). Montenegro will eventually be swallowed up by EU and become super expensive. My impression is that many locals aren't so happy about all the foreigners trampling over their land. I look at the world from a Biblical worldview and see things that most other people either don't see or dismiss as "not such a problem"... A tiny country with a billion $ loan for a tofu-dreg Chinese built bridge going nowhere has a huge problem and the tax rate will not stay at 9% once they join EU (with forced digital ID and CBDC fake digital money). Also with the coming "great reset" orchestrated by the parasitic elite investments will all go to zero for those who have them now... WEF: "You will own NOTHING and be happy"! This is an age old plan and will come to fruition but those who do not read/study the Bible will not see what's coming upon the entire world.
Grazie per il tuo messaggio e sono felice che ti sia piaciuto il video. Puoi contattarmi all'indirizzo info@bluevistaproperties.com e posso metterti in contatto con Massimo :-)
Hello, wow, that’s a big and great question. And one of the most frequent ones I get…and the answer is… it depends. :-) Let me explain why. You should start by asking yourself these 4 questions. They are key to deciding where to buy in Sardinia. 1. What is your budget? And how important is to get a return on your investment, the rental yield, or is it not as key? 2. What are your goals? Financial or also Personal? Will use yourself or rent only in the summer? Retire there? Or go a few months per year? Then, depending on your goals and how you plan to use yourself the property: 3. What’s important to you, what do you love? Beaches, nature or proximity to towns or even being in a city. Do you need high end amenities, fancy restaurants, nice shops? 4. How important is access and distance to airport? I’ll cover briefly just the first question related to your budget, linked also to if you plan to rent or not, and how important it is for you to get a higher revenue or occupancy. I’ll sort by the most popular areas and share approx cost per square meter. Areas good for rentals (and tend to drive higher rental revenue): • Costa Smeralda (Northern Sardinia) • Known for luxury properties and high-end tourism. • Attracts wealthy tourists, leading to high rental yields. • Cost per square meter: €6,000 - €8,000. • Cagliari (Southern Sardinia) • The capital city, offering a mix of cultural attractions and modern amenities. • Consistently high rental yields due to year-round appeal. • Cost per square meter: €2,500 - €4,500. • Alghero (Northwest Sardinia) • Popular with European tourists, especially from Spain and the UK. • Good balance of high occupancy rates and reasonable property prices. • Cost per square meter: €3,000 - €5,000. • Villasimius (Southern Sardinia) • A popular beach destination with high summer occupancy. • Offers good rental yields due to high demand during peak season. • Cost per square meter: €3,000 - €4,500. • San Teodoro (Northeastern Sardinia) • Known for its beautiful beaches and vibrant nightlife. • High rental yields in summer due to influx of young tourists. • Cost per square meter: €3,500 - €5,000. Remote areas (e.g., Central Sardinia, inland villages): Much lower cost per square meter (€1,000 - €2,000) but lower rental yields and occupancy rates. Ideal for those seeking tranquility and long-term investment potential. High Tourist Areas and Occupancy Rates: • Costa Smeralda: High summer occupancy. • Cagliari: Year-round high occupancy. • Villasimius: High summer occupancy. • Alghero: High summer occupancy. • San Teodoro: High summer occupancy. And this is just coveting the first question :-) So lots to consider. I recommend taking two weeks in June or September and traveling all over the island to get a sense! Then deciding which you liked best based on your own unique set of criteria. I hope this was useful, wishing you all the best on your Sardinia Real Estate Adventure :-) Nathan
Hello, it’s difficult to provide as the prices have gone up significantly. Many areas the prices doubled in three years, so you could make a very good ROI. Now you’ll be buying at a higher base price. Still, there are great deals to be found, it just means you have to spend more time researching and you won’t get probably as much capital appreciation in such a short period of time.
Thank you so much for your comment. I’m glad you liked it. A bit different and long as I tell my story :-) It warms my heart to hear when people say they liked it!
Yeah but what are the real risks of someone claiming the Montenegro property after you've paid $150,000 of a $250,00 mortgage? I heard lots of horror stories on the web about MNE. May be best to just rent indefinitely. As an American, you'd have zero leverage in the courts if someone comes out of the woodwork and claims their facility holds title to the land going back to the 1800s 🤣 And poof! - there goes your retirement savings 🥲
Thank you for your comment. I’ve always avoided to buy in countries or municipalities that have title issues. For instance Mexico, Peru. Maybe parts of Montenegro. The biggest issue from my experience buying in key areas with a good cadaster and paper work on ownership has been about building permits and if land is buildable and what the rules are. This is the area I think people can have serious issues. I met realtors trying to sell me land or partially built houses that did not have the right paper work and saying “don’t worry, you can get it legalized”. The great news is I had a super trustworthy lawyer who did all the paper work research and was able to stay clear from any land that was not 100% buildable! But definitely it’s maybe not for everyone. I have found that if you buy in countries that are under priced versus comps around the world then you are obviously going to take a certain level of risk. That is also why prices are lower. So it’s a bit of a risk vs reward vs future potential calculation. Thanks though for the perspective as I’m sure some people would agree with you and prefer to go about renting.
Hi, can you reach out to me on e-mail at info@bluevistaproperties.com and we can exchange contact details and so I can understand better what you are looking for and how I might support! Looking forward to hearing back from you.
Not sure how the Amalfi Coast wins for access when it is an hour and a half away from the nearest airport and Santorini has an airport right on the island. And then if we bring ferries into the equation, Santorini is only an hour or two away from an amazing collection of islands: Crete, Mykonos, Naxos, Paros, Milos, Folegandros, Ios, Sifnos, Amorgos etc. If I was holiday planning and I needed a base to get to other places, I'd choose Santorini over the Amalfi Coast any day.
All good points! We discussed these with my wife who seemed to vote more for Amalfi while I was leaning toward Santorini. Thanks for watching and for your comments!
I'm from New Alamin City in Egypt. My apartment is 4 minutes away from the Mediterranean and it is 240 square meters. Let me tell you the beaches we have are way more beautiful then Sardiana. Oh and before you start talking down about Egypt's north cost and how Italy is better just check New Alamin. This is where Italians go for vacation.
Yes, Egypt has some beautiful beaches. I am not familiar with how easy it is for foreigners to buy real estate. But feel free to share here some links to the best beaches so people who see your comment can check as well those sites. I’m all for beautiful places, I just share the ones that I know or have visited. Egypt is on my list for a future trip!
I tend to use the real estate platform aggregators which have listings from all companies, like www.idealista.it which lets you search by area, town, or by selecting on a map. I find this the best way to see what is out there. If I’m looking at a specific city, then I’ll research just that city and check out the Italian sites that come up with listings for that city. I hope this helps!
Amazing, my recommendation is just be careful if you go in July and August as it can get packed. If you go June or September you’ll have a very different experience without the amount of people that come over the two summer months. Just my point of view. Do let me know what you think when you go!
Thank you for your note. What is great with Massimo is that every house is different, he really takes pride in his work, and works only with talented local teams and artisans. Glad you liked it!
Sì, puoi trovare anche rovine o case che necessitano di molte ristrutturazioni. Dipende davvero dal tuo budget e da quanto lavoro di ristrutturazione sei disposto a fare.
Thank you for your comment. It’s still not fully finished, the owner just moved in not long before I did the video so she’s planning to make some changes. But thanks for watching and sharing your feedback.
Nice project, very true to the island roots and style. Tho If I had to build my own house I would prefer a more modern "california style" thing, but thats maybe also more expensive idk .... hey do you need employees for your real estate company btw? Im based in sardinia 👀
Hi Gianfranco, thank you for your note! Glad you liked it. Yes, I also like modern homes but I find in Sardinia it’s nice to have something that fits so well in the surroundings. I am looking for some trust worthy English speaking realtors in Sardinia. You can reach out to me at info@bluevistaproperties.com Happy to discuss opportunities :-)
Thank you, glad you like it. Massimo has amazing taste and it’s nice to find an architect builder who has a vision and who builds every house to be unique!
The house is in the North, close to Luogosanto. It’s 45min to the Olbia airport. I did a video about land for sale, you get 20’000 or 30’000 square meters for €150K. That’s what she did, but her land is even bigger with 100,000 square meters. The land I bought is 10,000 square meters and I bought it for €85,000. Just to give you an idea of prices.
loved your videos of building in sardinia, that's what I am researching at the moment. Is it safe? i amean to leave your house unattended while you are not there? how about taxes? what kind of local tax are you paying on your 3Ha property + house? Thanks a lot for the info
Sardinia is generally considered a safe place to live and visit. It has a low crime rate compared to other parts of Italy and Europe. The rural areas, in particular, are known for their tranquility and close-knit communities. Many people own second homes that they use in the summer, and then they close them off with shutters and leave them unattended. Naturally, as with any property, it is advisable to take basic security measures such as installing a good alarm system and securing doors and windows, especially if the house will be left unattended for long periods. Property Taxes and Costs in Sardinia 1. Purchasing Land When purchasing land in Sardinia, the main costs include: Registration Tax: Typically 9% of the cadastral value of the land for non-agricultural use. Notary Fees: These can range between 1-2% of the purchase price. Land Registry Tax: A fixed fee, often around €50-€200. 2. Building a House When you build a house, the costs and taxes include: Building Permit Fees: These vary depending on the size and type of construction. VAT (Value Added Tax): 10% for construction services if the house is considered a first home, otherwise 22%. Professional Fees: For architects, engineers, and other professionals involved in the construction process, which can be around 8-12% of the construction costs. 3. Annual Property Taxes IMU (Imposta Municipale Unica): This is a municipal tax paid annually on the ownership of property, including land and buildings. The rate varies but is typically around 0.4-0.76% of the cadastral value of the property. For a house worth €700,000, the IMU could range from €2,800 to €5,320 per year, depending on local rates. TASI (Tax on Indivisible Services): Usually, this is around 0.1-0.33% of the cadastral value. TARI (Waste Tax): This is based on the size of the property and the number of occupants, often amounting to a few hundred euros annually. I hope this answers your question. I just posted another video where I do a walk through of a house just built.
Sir How are you? I am very happy to meet you. Sir can you help me. I am speaking from Bangladesh. I hope to go to Montenegro since childhood. Pay for your Montenegro visa for me
Hi Gary, I would recommend you reach out to Peter or one of the other trust worthy realtors we’ve worked with. Let me know if you need any help. Unfortunately some funds we had invested in specific stocks in the U.S. went from high valuation to nearly worth nothing. We therefore decided to pause the building of this house to reconsolidate our assets. We have so many projects that we are self financing that we felt it made sense to go one project at a time rather than spread ourselves across too many different ones. Let me know what your experience is, what you think, and let us know if we can help! Wishing you all the best with your project.
Hi, thanks for your comment. Clearly prices have increased, and in particular in places like Porto Montenegro which have more than doubled in three years. But there are still great deals if you’re willing to venture a bit further. You do need a good realtor and I recommend everyone going on site to understand. I saw not that long ago some nice options on Lustica peninsula, also on the side towards Herceg Novi there are also still some nice deals…
So nice, we Sardinians can't afford shit in the real estate market and we have to see foreigners buying everything for pennies, gentrifying the market.
I hear you, just to clarify, the land I bought was on the market for years with no interest, maybe because at the end of a 2 kilometer dirt road. You could not access with a nice car, you need high clearance. So maybe yes a local might have been interested over the years, but not sure given the location. And by buying and building it brought naturally funds to the seller and all the construction companies who are involved. Then by renting you get the renters spend in restaurants, which helps support the local economy as well. But I can understand the feeling from a local.
Can a foreigner get a loan or mortgage from a bank in Montenegro to buy a property or do we need to pay 100% cash? I'm considering opening an LLC corporation in Montenegro to obtain temporary residence and would also like to invest in real estate.
Hi, it’s currently not possible to get a loan unless you have assets or money as collateral in the bank. Wishing you the best of luck with your project.
Love it, great, fast explanation. What towns would you recommend that are affordable, walkable and not far from coast? I am not rich, but looking to move from US back to Europe. There are lot of choices, I have no clue where to look and what to look for. Thanks a tons for any TIPS. Gracias!!
Hi, a lot depends on what you are looking for. I personally would stay not to far from an airport, so you can get to Europe. Also, it really slows down off season, so I would say close to a city that has life year round. There are so many options in Europe. I would definitely travel and stay for a while to get a sense and if you love it or not. Sardinia outside of the summer where it gets packed, it really is quiet. It’s great for people who want that slower pace, to get out of the frantic world. If you like hiking there is a new deal that would allow you to explore the area at a really affordable cost. Check out this link. www.bbc.com/travel/article/20240523-sardinia-the-mediterranean-isle-where-hikers-stay-for-free
