Three-story house on the Adriatic Highway near Porto Montenegro
Tivat
700.000 €
Area
377 m²
Rooms
3
Bathrooms
2
Floor
1
PROPERTY DESCRIPTION
Three-story house on the Adriatic highway near Porto Montenegro
Due to its location, the property is ideal for both permanent residence and commercial activities. All necessary infrastructure Porto Montenegro, the promenade, and beaches are within walking distance.
House area – 377 m2
Plot – 532 m2
House structure:
Ground floor – living room, separate room with kitchen, bedroom, bathroom.
1st floor – living room, 2 bedrooms, bathroom, terraces.
Attic – not equipped.
A project for the complete adaptation and renovation, as well as the conversion of the family house into 4 separate apartments ranging from 50 m2 to 70 m2 (G+1), with a total area of 377 m2, has been carried out. (Currently, the house area is 147+23 m2)
Approval from the chief city architect has been obtained for this project, and utility bills have been paid. Adaptation work can begin immediately after purchase.
According to the urban plan, a boulevard is planned in front of the parcel, which involves expropriating 70 m2 of land for this purpose with compensation of 35,000 euros, which the property owner receives. This was taken into account during the project design.
Location
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Questions about this property
What is the price per square metre?
At 700.000 € for 377 m², this listing works out to 1.857 € per square metre. Compare it with the city average in the market card on this page.
Which floor is it on, and is there a lift?
The property is on floor 1. No information about a lift was provided.
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.