Type: House For Sale District: Tivat Location: Seljanovo Price: €700.000 Land Area: 731 m2
Description: Family house with a net area of 164m2 built in the 1960s on a plot of 731m2. The house is located on the lower side of the main road before turning into Nikole Tesla Street towards the sea. Distance from the city beach about 250m.
A complete project for adaptation and reconstruction, as well as conversion from a family house into 4 independent apartments ranging in size from 50m2 to 70 m2, with a ground floor + 1 floor, total area of 377m2, has been completed.
The approval of the Chief City Architect has been obtained for this project and the utility fees have been paid. The adaptation and reconstruction works can begin immediately after the works are registered.
The urban plan foresees a boulevard in front of the plot, which would entail the expropriation of 70m2 of the plot for that purpose, with compensation of 35,000 euros to be received by the plot owner. The project foresees a reduction in the plot size in advance, so it has no impact on the planned reconstruction.