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LandSale

Land in Kotor №2655

Kotor

1.100.000 €

1 / 13
  • Area

    5520 m²

PROPERTY DESCRIPTION

We offer for sale an urbanized construction plot with a total area of 5,520 m², consisting of three cadastral parcels. The land is fully prepared for the realization of a construction project – all necessary documents are prepared, including urban-technical conditions.

Parameters:

  • Total plot area: ~5,520
  • Construction coefficient: 0.8
  • Maximum construction area: up to 4,400 m²

Permitted floors:

  • ground floor
  • first floor
  • attic floor

Additionally, the construction of the following is allowed:

  • underground floors
  • basement
  • underground garage (not included in area and floor limitations)

According to urban conditions, the construction of buildings for various purposes is allowed: residential buildings, apartments, villas, hotel complexes, and other types of construction.

Project readiness:

  • The plot has approved urban conditions (UTU)
  • A construction project for 8 villas has been developed (submitted earlier)
  • A building permit for the first villa has been obtained
  • The project can be realized as: a private residence, an investment project (sale), or rental

Infrastructure and utilities:

  • A road runs along the upper boundary of the plot
  • All main utilities are located along the road
  • Connection points will be determined after the final project is made (depending on the number of buildings)

Purpose and possibilities:

The plot belongs to a construction zone intended for residential buildings and accompanying infrastructure, allowing for the realization of a wide range of development solutions. This plot is a fully prepared investment location with approved construction parameters, the possibility of building up to 4,400 m², flexible purpose, and a completed villa project. It is suitable for both private use and a large development project.

Details

Land type
Residential

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 1.100.000 € for 5520 m², this listing works out to 199 € 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.