Sale, plot, 5596m², Zagora, Kotor
Kotor, Zagora
1.900.000 €
PROPERTY DESCRIPTION
Selling a plot on the very cliff by the sea in three parcels, terraced. Ideal for building a hotel complex or multiple villas. On 94% of the plot, it borders state land or the maritime boundary. Located near the national restaurant Carević. The road leads to the plot.
Details
- Land type
- Residential
Location
Zagora, Kotor
User did not provide exact location
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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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