Sale, house, 230m², Denovici, Herceg Novi

A unique opportunity to purchase a house on the border of Cumbor and Genovica, located just 120 meters from the luxurious marina Portonovi. An exceptional location just in the 4th row from the sea, with amazing prospects for development and passive income.

Main Features:

• Land area: 377 m2
• Building area: 230 m2
• Permitted building: 4 floors (building coefficient 1.2, possibility to build up to 450 m2 of a new facility)
• Communications: all necessary — electricity, water supply, sewerage and Internet
• Condition: the building can be dismantled, which allows you to maximize the potential of the site
• Existing apartments: 4 rented apartments providing stable passive income
• Proximity to the sea: 120 meters (fourth line).

Advantages of demolition:

• High liquidity: The demolition of the current building will free up space for new construction, which is especially important in light of high prices for new buildings in the area.
• The potential of new construction: It is allowed to erect a building with an area of up to 450 m2 on the site, which will significantly increase its market value.
• Ready-made communications: All necessary connections have already been made, which will greatly simplify the process of building a new facility.

This facility is an excellent opportunity for those who want to invest in promising construction. Given the prestige of the location and high prices for new buildings near Portonovi, the demolition of the current building and new construction will provide significant profits.