Realitica classifieds

Residential Lot For Sale, Igalo

Type: Residential Lot For Sale
District: Herceg Novi
Location: Igalo
Price: €3.000.000
Land Area: 16.781 m²

Description: An excellent opportunity to acquire urbanized land with a breathtaking sea view, ideal for developing a luxury complex. The land is located in a peaceful area, just 8 minutes by car from the center of Herceg Novi, 15 minutes from Porto Novi, and 30 minutes from Dubrovnik Airport. This location is perfect for the construction of residential properties with exceptional views of the sea and surrounding mountains.

Key Features:

Land Area: 16,781 m²
Access Road to the property
Maximum Construction Index (0.8): Maximum Gross Building Area (GBRA) 13,424 m²
Maximum Occupancy Index (0.4): 6,712.4 m²
Building Permits: Approved for two-story houses with basement areas, with a maximum gross building area of 250 m² per unit. These permits can be adjusted to meet specific requirements within the building permit framework.
A new detailed urban plan is currently being developed, which will provide even better opportunities for future development.
Development Potential:

This land is ideally suited for the construction of a luxury gated community with unique sea views. It is perfect for residential villas or luxury properties offering comfort and privacy while providing stunning views of the sea and surrounding mountains.

Location:

8 minutes to the center of Herceg Novi
15 minutes to Porto Novi
30 minutes to Dubrovnik Airport
This location offers the perfect balance of privacy and proximity to key tourist and business destinations. An ideal space for investment in luxury real estate development.

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