2200m² Commercial property for sale in Budva, Montenegro by Montenegro Properties No. 45

2200m² Commercial property in Budva, Montenegro No. 45

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2200m² Commercial property in Budva, Montenegro No. 45 2

2200m² Commercial property in Budva, Montenegro No. 45 3

2200m² Commercial property in Budva, Montenegro No. 45 4

2200m² Commercial property in Budva, Montenegro No. 45 5

2200m² Commercial property in Budva, Montenegro No. 45 6

$ 1 768 050

$ 804 per m²

2200 Living space, m²

Budva, Montenegro

Aleksandra

Montenegro Properties

Contact seller

Parameters

Living space, m²

2200

Type

Commercial property

Property description

Excellent investment opportunity to buy an urbanized plot of 2,200 sq m with building permit in place for the construction of 4 residential buildings of 1,000m2 Gross Building Area

Key features:

* each villa has and living area of 180-250sqm and sits on about 400-500 sq m of land

* garages of 50-70 sq m

* swimming pools 10×4 m

* preparation works for the construction are completed

* located at 1,800 m away from the beach.

* the amount of 100,000 eur has been paid for the building fees and taxes

* additional investment of approximately 500,000 eur is needed to complete the project

* estimated time to finish the project is approximately 6 months

There is a possibility to buy all villas or two villas one above the other as well as individually.

Price of the whole project: 1.500.000Eur
Price of individual villa: 400,000-450,000Eur Buying project as it as allows you to alter the project to suit your needs and goals.

Features

Outdoor features

Swimming pool

Statistics Budva

$ 4 226

Price per m²

162

Quality of Life Index

Cost of living Index

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Parameters

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Budva

Difference

Monthly Rent Cost

1-Room Apartment

$ 849

2-Room Apartment

$ 579

Apartment Purchase Price per m²

In the City Center

$ 4 226

Outside the City Center

$ 3 141

Crime Index

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

Traffic Inefficiency Index

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

Quality of Life Index

162

Traffic Index

Restaurants

Meal, Inexpensive Restaurant

$ 14.68

Meal for 2 People, Mid-range Restaurant, Three-course

$ 66.92

McMeal at McDonalds (or Equivalent Combo Meal)

$ 11.74

Domestic Beer (0.5 liter draught)

$ 3.52

Imported Beer (0.33 liter bottle)

$ 3.82

Coke/Pepsi (0.33 liter bottle)

$ 2.04

Water (0.33 liter bottle)

$ 1.36

Cappuccino (regular)

$ 3.23

Markets

Milk (regular), (1 liter)

$ 1.27

Loaf of Fresh White Bread (500g)

$ 1.09

Eggs (regular) (12)

$ 3.22

Local Cheese (1kg)

$ 9.27

Water (1.5 liter bottle)

$ 1.19

Bottle of Wine (Mid-Range)

$ 6.46

Domestic Beer (0.5 liter bottle)

$ 1.19

Imported Beer (0.33 liter bottle)

$ 1.80

Cigarettes 20 Pack (Marlboro)

$ 4.46

Apples (1kg)

$ 1.41

Chicken Fillets (1kg)

$ 9.64

Oranges (1kg)

$ 1.66

Potato (1kg)

$ 0.97

Lettuce (1 head)

$ 1.77

Rice (white), (1kg)

$ 2.32

Tomato (1kg)

$ 3.16

Banana (1kg)

$ 1.79

Onion (1kg)

$ 1.21

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$ 13.20

Transportation

One-way Ticket (Local Transport)

$ 2.94

Monthly Pass (Regular Price)

$ 41.09

Gasoline (1 liter)

$ 1.75

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$ 30 524

Taxi Start (Normal Tariff)

$ 1.17

Taxi 1km (Normal Tariff)

$ 1.17

Taxi 1hour Waiting (Normal Tariff)

$ 17.61

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$ 27 002

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$ 155

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$ 34.31

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 16.33

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 1 062

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 54.30

Tennis Court Rent (1 Hour on Weekend)

$ 22.60

Cinema, International Release, 1 Seat

$ 5.87

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 110

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$ 46.96

1 Pair of Nike Running Shoes (Mid-Range)

$ 96.86

1 Pair of Men Leather Business Shoes

$ 188

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$ 421

International Primary School, Yearly for 1 Child

$ 10 214

Aleksandra

Montenegro Properties

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