Great investment plot for sale in Kavac, Kotor, Montenegro

Description

Great investment plot for sale in Kavac, Kotor, Montenegro

This is a good land for investment as the building allowance is 1/1 which means you can built an equal meterage as the plot is.

The plot is 7,771 m2 and you can build that area on it as well, on the footprint of 0.4% which is 708.4 m2.
Also the max levels you can build are 4, ground floor, 1st, 2nd and third attic floor.

This is an area in Kotor that is not UNESCO protected so the building permits are pretty easy to get.
This is an area that is very popular for construction at the moment where prices of apartments per m2 go around 2,500 euros usually.

This is a project that lets you build a big building with lots of apartments with great investment return. The plot is on a hill where most of the apartments will have beautiful views of Tivat Bay.

Location is great as you are right next to the road and 10 minutes of a drive away from Tivat and Kotor Center.

For more details please contact us, we are here to help.

Features:
Plot Area:  7,771 m2
Location: Kavac, Kotor
Floor Allowance: 4
Parking: Yes, plenty on the site as the building footprint is only 40% of the property.
Rental Investment: Great, if the apartment complex has a pool and luxury amenities,
Attributes: Amazing sea views, lots of greenery, proximity to Kotor and Tivat, access to the road
Sale Price: 1.165.650 euro