We use cookies to optimise your experience on our website. If you continue we'll assume that you are happy to receive our cookies. However, if you would like to, you can change your cookie settings at any time.

Continue

For improved printing use the print button on the page

print button

Plot for sale

Montenegro - Waterside Development - Outline Planning Permission Herceg Novi

€250,000
  • Sutorina, Plot 14-1
  • Sutorina, Plot 14-2
  • Sutorina, Plot 14-3
  • Sutorina, Plot 14-4
  • Sutorina, Plot 14-5
  • Sutorina, Plot 14-6
  • Sutorina, Plot 14-7
  • Sutorina, Plot 14-8

like this property?

Call: 03339 390481
  • Description
  • Floorplans (0)
  • Map
  • Video tours (2)

Commercial information:

  • 620 sq ft (57 sq m)

Key features:

  • Front Line
  • Sea Views
  • Ideal Renovation Project
  • Excellent Investment Opportunity
  • Close to the Airport
  • Buyers Commission Free

Full description:

As the river mouth joins the Bay in Herceg Novi there is a great little plot of land which has a 1 story building on and is ideal for a small development for a Villa, Boutique Hotel or Luxury apartment. Outline planning permission has been given and the the plot is in the Detailed Urban Plan for Herceg Novi.

Permissions suggest that on this plot of 620 m2 a build density of 80% is allowed on 3 levels, therefore a building of close to 500m2 could be erected. Even in these more difficult times, a prime location like this will sell for E2-3k m2 (E2k for average build quality and a pessimistic view on sales, E3k a more realistic view but built to a luxury standard as a villa or luxury apartments). It's fairly easy to do the maths and see that this is a developers or self builders dream. Plots in this type of location come on the market seldomly. Our sister company ntDesign.me is available to give you ideas of pricing and designs.

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Tivat (INTERNATIONAL), 9 miles
  • Podgorica (INTERNATIONAL), 38.1 miles

*Distances are straight line measurements. This feature is currently in beta.

Video tours

To view this property or request more details, contact
ntRealty, Tivat

Tivat
03339 390481  Local call rate

Disclaimer

This is a property advertisement provided and maintained by ntRealty, Tivat (reference 0014) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

or call 03339 390481
Calling from outside the UK? 0038267268805

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.