Realitica classifieds

Residential Lot For Sale, Krašići

Type: Residential Lot For Sale
District: Tivat
Location: Krašići
Price: €900.000
Land Area: 506 m²
Parking Spots: 3
Waterfront
Beware of fraud: DO NOT wire money

Description: Hurry up to purchase this object at a favorable price!!!
Invest in your future - Montenegro commercial real estate!
Invest in a magnificent tourist destination on the Adriatic coast.
The property offered for sale (construction of a mini hotel or villa) is located in the village of Krasici, Tivat town on the first coastline above the sea in the Bay of Kotor, surrounded by small villas. Supermarkets and restaurants are within walking distance.
The total area of the building plot is 506 m2
The property has a concrete pier on the shore with an area of 160 m2
Construction of a villa with an area of 370 m2 is permitted
The building can be built up to 800 m2
The facility consists of three floors with an open plan. At the moment, the first floor of the building has been erected. According to the project, it is a mini hotel with six apartments, but the property can be completed as a family home, at your discretion.
Currently, the property has an approved architectural design, all necessary utility fees have been paid, a foundation pit has been dug, and the ground floor and retaining walls have been built. Electricity, city water and sewerage are brought to the edge of the site.

There is private parking for several cars.
Price arithmetic: 506 m2 (area of the plot) + 160 m2 (area of the pier on the shore) = 666 m2 x 1000 euros (per 1 m2) = 666,000 euros. The cost of the pit is 114,000 euros.
Concrete pit walls with waterproofing, drainage system, roof slab and concrete landing structures - 136,000 euros.
Tax "communale" (for the construction of residential premises in the building) = 27,000 euros.
The total sales price is 943,000 euros.