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House for renovation on the Adriatic Highway, Tivat

Tivat, Seljanovo

700.000 €

SOLD
1 / 35
  • Area

    377 m²

  • Rooms

    3

  • Bathrooms

    2

  • Floor

    0

PROPERTY DESCRIPTION

Three-story house on the Adriatic highway near Porto Montenegro

Due to its location, the property is ideal for both permanent residence and commercial activities. All necessary infrastructure Porto Montenegro, promenade and beaches are within walking distance.

House area – 377 m2

Plot – 532 m2

House structure:
Ground floor – living room, separate room with kitchen, bedroom, bathroom.
1st floor – living room, 2 bedrooms, bathroom, terraces.
Attic – not equipped.

A project for the complete adaptation and renovation, converting the family house into 4 separate apartments ranging from 50 m2 to 70 m2 (P+1), with a total area of 377 m2, has been completed. (Currently, the house area is 147+23 m2)

Approval from the chief city architect has been obtained for this project, and utility bills have been paid. Adaptation work can begin immediately after purchase.

The urban plan includes a boulevard in front of the parcel, for which 70 m2 of land is expropriated with compensation of 35,000 euros, which the property owner receives. This was taken into account during the project development.

Amenities

  • Terrace
  • Furnished

Location

Seljanovo, Tivat

The exact location is not provided — the property is in Seljanovo, Tivat. Contact the advertiser for details.

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 700.000 € for 377 m², this listing works out to 1.857 € per square metre. Compare it with the city average in the market card on this page.

Which floor is it on, and is there a lift?

The property is on the ground floor. No information about a lift was provided.

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 property has been sold; the listing stays visible for price history. Contact the advertiser to confirm the latest status.