Kotor, Montenegro

Plot of 7892m2 is located on the first line only 15m from the main Tivat - Budva highway, zoned for business commercial use. Within the business zone, the construction of some of the following facilities is permitted: Trade, Tourism, Service Trades, Business Activities, Catering, Health Care, Social Protection, Culture, Entertainment, Sports, Business Administration, Agriculture and so forth.

Example of some of those following are:

Office Buildings, Business Mall which can compromise of all types of Shops, Restaurants, Entertainment Centers, Cinemas, Daycares, Recreational Health Facilities, Banks, Exhibitions, Tourist stays, Casinos, Conference Rooms, Open Markets, Gas Stations, Car Washes etc.

The urbanized parcel #1 has 2953m2. The Gross Build Area (GBA) is 1771.80m2 and the foundation of the building is 735.25m2. You are able to build 3 levels (Ground floor + 2 levels). Since the size of the plot is larger than 1600m2, you are allowed to build more than one building according to the conditions and parameters given by the UTU plan.

Considering that there are 3 urbanized parcels, 2 of them are intended to be used for either Recreational Sport Tourism, Eco Tourism or building a Hotel.

The information for those 2 urbanized parcels that are behind the commercial plot are:

The urbanized parcel #2 has 2043m2. The Gross Build Area (GBA) is 1225.80m2 and the foundation of the building is 510.75m2. You are able to build 3 levels (Ground floor + 2 levels).

The urbanized parcel #3 has 2084m2. The Gross Build Area (GBA) is 1250.40m2 and the foundation of the building is 521m2. You are able to build 3 levels (Ground floor + 2 levels).

This could be a great investment for someone that is looking to make a business commercial property due to the increased interest in this area and the popularity.

This plot is 5.6km away from the Tivat Airport, 9.1km away from Porto Montenegro, 7.2km away from Kotor Old Town and 15.6km away from Budva.

ntRealty is a Real Estate Agency based in Tivat, Montenegro headed by British businessman, Peter Flynn, who has lived in the area since 2005 and focused his efforts in various aspects of real estate, including development, architecture, interior design and investing in real estate in the area. The Tivat office is run by a team of professionals who really understand the local market. The team is there to help guide you through the buying (or selling) process and we pride ourselves in giving a high level of service in a polite, friendly and efficient way.

ntRealty specializes in properties for sale all around the Bay of Kotor, Tivat Bay and Lustica and our clients range from Porto Montenegro and Lustica Bay to hundreds of private individuals who put their trust in our operation.