Construction land in the center of Bar
Bar
525.000 €
Area
668 m²
PROPERTY DESCRIPTION
I am selling an urbanized construction plot of 668m2 behind the Twins building in the Topolica 4 neighborhood. The plot is ideal for building a residential building as this neighborhood is becoming the new Bar. There are many construction sites currently underway in the area. The plot opens onto a side road, providing excellent access. Electricity and water are already on the plot as there is currently a small residential house on it. The price of this plot is 525,000 euros in cash, or if it's for construction, the owner is asking for 28% of the net construction area.
The plot is urbanized under the following UT conditions:
– The maximum built area is 1.5, meaning the maximum gross area can be 1002
– The maximum occupancy is 0.4, meaning the maximum area under the building can be 267m2
– The maximum number of floors is two underground levels plus 10 above-ground floors.
– The purpose is mixed: residential, commercial, tourist, economic, cultural, health...
The construction index can be increased by 20% if the location includes at least two ownership plots or when the location area is greater than 1200m2.
If you are interested in a property, please send me the link via the WhatsApp application. My phone number is +38269218866 and I will get back to you as soon as possible. Our office hours are Monday to Friday from 9 am to 4 pm. We are located near the Red Bank in the row where the North restaurant is. You can find us on Google Maps: https://maps.app.goo.gl/dkwrDyye5EAEWRJh9
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 525.000 € for 668 m², this listing works out to 786 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.