The plot of land is located on a small hill on the boulevard leading to the long beach.
The hill has a view towards the sea. It is located approximately 800 meters distant from the long beach. The hill has access through 2 local, narrow roads. The surrounding area is exclusively none developed with small residential homes.
Size and price of land
6.000 m2 x 220 = 1.320.000 Euro
Complete infrastructure (water, electricity, sewage) are available on the plot of land.
Construction:
According to general urban planning the location is designated for individual residential and apartment buildings (high rise).
The location is suitable for among other, the construction of apartment building/s. Possible construction:
Building 1. Approx. 40 apartments consisting of 70m2 – sea view , luxurious type.
Building 2. Approx. 45 – 65 apartments depending on the size – varying from 30-100m2- partial sew view , partial continental view.
Semi basement/Ground floor: common garage, commercial space, recreational, green zone etc.
Note: There is no restriction in terms of height of the construction according general and detai urban planning.
Prices for building in Montenegro average at:
Basic apartments: 400 – 600 Euro per m2
High end standard apartments: 600 – 800
