Kotor, Montenegro
- PROPERTY TYPE
Plot
- SIZE
59,417 sq ft
5,520 sq m
Key features
- Panoramic mountain & nature views
- Secluded premium quiet location
- Fully urbanized with UTU obtained
- Ready architectural concept for 8 luxury villas
- Building permit already issued for first villa
- High development coefficient & generous buildable area
- Flexible floors: ground + 1 + attic + underground levels
- Road directly along the plot for easy access
- Electricity & water supply in immediate proximity
- High-return potential in fast-growing Kotor Riviera zone
Description
Location
The plot is located in a picturesque and quiet part of the municipality of Kotor, in the Dub area - an area of active development of modern residential buildings.
* Panoramic views of the mountains and nature.
* Secluded atmosphere yet close to amenities.
* Convenient access via the road running along the site.
* Quick access to Kotor, Tivat and the coast.
Investment potential
* Fully urbanized area.
* Urban technical conditions (UTU) have been obtained.
* The land is located in a residential area.
The following projects can be implemented:
* villa complex;
* apartments;
* boutique hotel;
* residences with rental business.
Development parameters
* Plot area: 5,520 m².
* Total permitted development area: up to 4,416 m².
* Development coefficient: 0.8.
Floors:
* ground floor;
* 1st floor;
* attic;
* possibility of underground levels.
Greenery: not less than 25-30% of territory.
Finished project (included in the price):
* An architectural design for a complex of 8 villas has been developed.
* Designed with the participation of a professional architect and designer.
* A well-thought-out concept for the premium segment.
* Permission to build the first villa has been received.
* Significant time savings and quick start of construction.
Engineering communications:
* The road runs along the site.
* Electricity and water supply are in close proximity.
* Technical conditions for connection have been received.
* Possibility of flexible design of engineering solutions for the development format.
Advantages
* Ecologically clean and quiet area.
* Prospective zone with limited development.
* High investment potential.
* Flexibility in project implementation.
* Suitable for both development and private residence.
A rare offer on the Kotor market - a plot with a ready-made concept and permits.
Kotor, Montenegro
NEAREST AIRPORTS
Distances are straight line measurements- Tivat(International)3.3 miles
- Podgorica(International)26.6 miles
Notes
This is a property advertisement provided and maintained by Monteonline, Tivat (reference 89155) 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.