Investment project for the construction of a residential complex in Tivat
Tivat
1.725.000 €
Area
1500 m²
PROPERTY DESCRIPTION
We offer an investment project for the construction of a residential complex in Tivat.
The price of apartments with turnkey finishing is 1250 euros/m2. This amount includes all costs related to the acquisition of the location, construction, and commissioning. No additional costs from the investor will be required.
The sale of apartments guarantees a profit of 36% annually. The required investment is 1,725,000 euros.
Options:
Land area of 3,200 m2 (32 hectares), located in a quiet green area of Tivat.
The approved urban plan provides for the construction of 3 residential buildings.
The total gross residential area is 1,500 m2 plus terraces.
Concept
The project concept envisages the construction of three three-story buildings. On the ground floor, there will be small studios with separate courtyards. On the 1st and 2nd floors, the construction of 18 apartments is planned (three apartments per floor), each consisting of a spacious living room combined with a kitchen, one or two bedrooms, and a large bathroom.
Attractive exterior design ensures high added value of the property. The project skillfully combines elements of a luxury house while maintaining the value of economic-class real estate.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 1.725.000 € for 1500 m², this listing works out to 1.150 € 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 property has been sold; the listing stays visible for price history. Contact the advertiser to confirm the latest status.