2200m² Commercial property in Budva, Montenegro No. 45

$ 1 441 892
$ 655 per m²
2200 Living space, m²
Budva, Montenegro
Parameters
Living space, m²
2200
ID
45
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
Contact seller
Contact seller