Urbanized land 1,460 m² along the main road Budva–Tivat
Kotor, Radanovici
292.000 €
Area
1460 m²
PROPERTY DESCRIPTION
Urbanized land 1,460 m² along the main road Budva–Tivat
Price: 200 €/m²
For sale: urbanized land with an area of 1,460 m² in Radanovići, Kotor municipality, right next to the main road Budva–Tivat.
The plot is located in the first row to the highway, ensuring excellent traffic connectivity and making it attractive for the realization of commercial and investment projects.
According to the issued urban-technical conditions (UTC), the land is located in a mixed-use zone (MN), which allows for the construction of residential and commercial buildings.
Basic urban parameters:
Plot area – 1,460 m²
Purpose – mixed-use (MN)
Occupancy index – 0.4
Maximum building area at the base – 584 m²
Maximum gross construction area (GCA) – 1,460 m²
Maximum number of floors – G+2 (three above-ground levels)
Communal infrastructure is available
Investment potential
Thanks to its location right next to the main road and the mixed-use purpose of the land, the plot is suitable for the development of various commercial projects, such as a car showroom, car service, office building, retail spaces, or a multifunctional complex.
There is also the possibility of considering a residential or combined project, with commercial spaces on the ground floor and residential units on the upper floors.
The specific purpose of the future building is subject to verification and alignment with the current urban-technical conditions.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 292.000 € for 1460 m², this listing works out to 200 € 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.