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LandSale

Investment Project - 3 Buildings in Tivat

Tivat

650.000 €

1 / 4
  • Area

    1900 m²

PROPERTY DESCRIPTION

An investment project is offered for sale in a quiet residential area of Tivat. It is fully ready for implementation, with completed project documentation and a building permit.

The project includes the construction of a modern residential complex consisting of three buildings, with a total of 24 apartments and a total sales area of approximately 1,900 m².

Price of land with completed project: €650,000

Key project features

Land area: 1,982 m²
Number of urbanized plots: 3
Number of buildings: 3
Number of apartments: 24
Sales area: About 1,900 m²
Distance to beaches: 1.3 km
Porto Montenegro and Tivat airport: Approximately 10 minutes drive
Building permit: Exists
Project documentation: Fully developed
Legal title: Verified

The project is designed to achieve a balance between modern architecture, residential quality, and cost-effective construction.

The concept envisions the creation of an attractive residential product with optimized costs and a variety of layouts, targeting both residential buyers and investment demand.

Investment indicators

According to the project's financial model:

Investment budget: €4,442,000
Sales costs: €200,000
Projected gross profit: €1,226,000
Estimated return on investment: approximately 27.6%
Gross margin: approximately 20.9%
Target pre-sale rate: 40–60%
Potential return on equity: 50–60% with pre-sale model

The recommended project implementation model is pre-sale, which involves sales starting simultaneously with the beginning of construction and a gradual increase in apartment prices as the complex is completed.

Pre-sales reduce the need for equity, optimize construction financing, and increase potential return on investment.

The estimated return on investment (ROI) of the project is 27.6%. Potential return on equity (ROE) up to 60% according to the pre-sale model and subject to estimated financial conditions.

The project is development-ready for launch, allowing investors to move directly to the construction phase without the need to navigate the lengthy process of design and permit acquisition themselves.

The location in Tivat, proximity to the sea, Porto Montenegro, and the international airport, as well as a well-designed complex concept, create attractive conditions for the sale of residential real estate.

The purchase price of the land with the completed project and building permit is €650,000.

Detailed project documentation and financial model are available to interested investors upon request.

The stated financial indicators are projected, based on the project's calculation model, and do not represent a guaranteed return.

Details

Land type
Residential

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 650.000 € for 1900 m², this listing works out to 342 € 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.