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House with a plot of 731 m2 below the highway – Tivat, Seljanovo

Tivat, Seljanovo

700.000 €

1 / 5
  • Area

    164 m²

  • Rooms

    5

  • Bathrooms

    2

  • Floor

    1

PROPERTY DESCRIPTION

House with a plot of 731 m2 below the highway – Tivat, Seljanovo. Property for reconstruction.

Approved project for 4 apartments!

A two-story residential house is for sale in the Seljanovo neighborhood. The property is located below the highway, towards the sea. The distance from the city beach is about 250 meters.

The area of the house is 164 m2. Plot – 731 m2.

The house was built in the sixties.
A project for complete adaptation and reconstruction and conversion of the family house into 4 separate apartments (from 50 m2 to 70 m2) with a total area of 377 m2 has been carried out.

Approval from the chief city architect has been obtained for this project, and communal fees have been paid. Work on adaptation and reconstruction can begin immediately after the work is reported.

In the second phase, it is possible to add two more apartments in the attic, resulting in a total of 6 separate units.

The urban plan provides for a boulevard in front of the parcel, which would involve the expropriation of 70m2 from the plot for this purpose, with compensation of 35,000 euros to be received by the plot owner. The project has anticipated the reduction of the plot in advance, so it does not affect the planned reconstruction.

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 700.000 € for 164 m², this listing works out to 4.268 € 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 floor 1. 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 listing is active and the property is for sale. Contact the advertiser to confirm the latest status.