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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.

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For Sale, Land, 2600m², Dobra Voda, Bar | €0

PROPERTY DESCRIPTION

Investment land for joint development in Dobra Voda, Montenegro – 150 m from the sea

Building land with a panoramic sea view in Nišice, Dobra Voda

A rare investment opportunity to participate in the development of a prime building plot located in the Nišice area of Dobra Voda, one of the fastest-growing coastal destinations in Montenegro.

The land is offered exclusively for joint investment, with the landowner contributing the plot in exchange for a 20% stake in the completed project.

Key Information

Location: Nišice, Dobra Voda, Montenegro

Distance from the sea: 150 meters

Land area: 2,600 m²

Ownership: Available only for joint investments

Owner's participation: 20% in the completed project

Development Potential

The plot has a cascading terrain providing unobstructed panoramic sea views from almost every level of future development.

Urban planning parameters allow significant construction:

Build coefficient: 1.5

Maximum gross building area: 3,900 m²

Up to 4 above-ground floors

Up to 2 underground levels

This creates an excellent opportunity for development:

Boutique residential apartments

Luxury villas

Apartments

Boutique hotel

Premium holiday residences

Infrastructure

The property benefits from existing infrastructure:

Electricity at the plot boundary

Water supply at the plot boundary

Access road

Established residential area

The surrounding area consists of private villas, modern residential complexes, and luxury homes, making it an attractive destination for both investors and future buyers.

Excellent Location

The beach is only a 3-minute walk from the property, while the elevated position guarantees spectacular views of the Adriatic Sea, significantly enhancing the value of any future project.

Investment Opportunity

Development land with these urban parameters and proximity to the sea is becoming increasingly limited along the Montenegrin coast.

This property is offered only as a joint investment, making it an attractive opportunity for experienced investors seeking a well-located coastal project with reduced land acquisition costs.